Request and review sample reports to ensure the collected data is useful and well-presented.

All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties:Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Thats not a great way to sample the experiences in something as hyper local as a real estate market

Suppose Sally exercises her right of first refusal at the 2025 auction to buy the 2024 lien, in the amount of $1,500. 

It'd make little sense for me to share my metrics given that they vary, don't constitute a statistically representative sample and also my knowledge and relationships allow me to get deals that you might not be able to get/find.Hope this is helpful.

An insurance broker explained this to me in the past as the law of  large numbers which suggests if a a carrier has significant enough exposure in a market the probability of claims arising will be more consistent with probabilities calculated in their underwriting than a when a smaller sample size were to exist.

Until you exercise that option, you are essentially just a renter.

That's exactly the path I took -- wholesaling and then into rehabbing.A few question answers for you:1) Contracts - you should be able to find sample contracts here.

Thanks for providing some great sample scenarios.

@Shea Spinelli If you PM me, I can send you a sample XL spreadsheet that you can customize that we use to apportion the expenses among the Tenants ..