If you got one from your agent, it's a barebone basic lease that is actually lacking in several key areas.

I am reaching out because I've been seeing articles about a senior housing crisis or lack of housing for elderly individuals.

I also received their loan application form (in a PDF file).Everything raised concerns: no BBB listing (although BBB Accredited is in the signature), veeeery attractive loan terms (for fix and flip for example, I was told 7%, then 6%) with 90% funding (all before even asking about the property), lack of license #.

I own an insurance agency on the mountain and we do a lot of these monthly.

MLS, I had the other agent rep me and we decreased the purchase price since we received dual agency representation.

Lack of risk management is the biggest mistake people make in real estate.

Turnover and vacancy is a lack of money.

Unfortunately, there are a lot of inexperienced GP's that are now tasked with making these decisions and even scarier, and beleive this needs more attention is the fact their LP's aren't even aware of their lack of experience or trackrecord.

It is not really any different than then starting a construction company, a plumbing company, a marketing agency or a tech company.  

Its a Colorado-specific situation, I guess I should have been more specific:Portable tenant screening reports (PTSR) pursuant to HB23-1099 § 38-12-902(2.5).(2.5) "PORTABLE TENANT SCREENING REPORT" OR "SCREENINGREPORT" MEANS A CONSUMER REPORT PREPARED AT THE REQUEST ANDEXPENSE OF A PROSPECTIVE TENANT BY A CONSUMER REPORTING AGENCY,WHICH REPORT INCLUDES THE FOLLOWING INFORMATION ABOUT APROSPECTIVE TENANT AND THE DATE THROUGH WHICH THE INFORMATIONCONTAINED IN THE REPORT IS CURRENT:(a) NAME;(b) CONTACT INFORMATION;(c) VERIFICATION OF EMPLOYMENT AND INCOME;(d) LAST-KNOWN ADDRESS;(e) FOR EACH JURISDICTION INDICATED IN THE CONSUMER REPORT.....Link to the full Bill