It's difficult to see how a tenant will be after screened and signing a lease.

We don't have them recorded, just signed as another layer of protection. 

So how do I get out of the contract I signed?

That's not a good sign...

Most DSCR loans allow LLCs to hold title and sign the note.

Stuart - we do not identity check the people who are signing up to post to the forums.

If that co-signer isn't in a position where you can force them to pay if things go sideways, then the fact that they co-signed is just a promise and you can't cash a promise!

Do people require it before signing the lease?

The house had some signs of foundation settlement when he bought it which were chalked up to age, however it’s clear now that there has been more recent movement (some of this may have been due to an earthquake a few years ago) causing about 3 inches of settlement along this very small house.   

Send a written notice (yes, paper) to the tenants with proof of delivery required (the postal carriers have this time to an art form; it's inexpensive and you get confirmation via email or receipt very quickly; it does not require the tenant to sign - it just confirms that the notice was delivered.A paying, respectful tenant is golden.