My ideal tenant is someone who functions as an adult, who lives alone with no pets, decent job, minimal criminal history and has experience living in a shared home.

They serve some other very real and useful functions as well, and a lot more goes into these than any other typical marketing flier, but marketing is the core function of a preapproval letter.For cash buyers, a bank statement showing the full sales price, in United States dollars, liquid, is of course the best marketing material there is, for that buyer.Onto the question about getting preapproval for a refinance.

This has worked fine so far and I'm hopeful that they will build in this functionality in the near future.How do you determine what useful lifespan to apply to various CapEx items, @Genny Li?

Is this functionality still available some how?

There are homeless programs that place people after they've been rehabilitated to functional members of society or who just help those who have a combination of bad luck and bad choices but don't have some severe underlying issue, and those often work out just fine. 

Some time spent searching through posts or using the search function could bring up plenty of them.For contracts in CA, I suggest you simply get a PSA (purchase and sales agreement) from any agent.

There is a very old, outdated, but functional 2/2 1782sqft house on the property that i am currently using as a woodshop. 

So it’s small and the layout doesn’t offer up the most functionality for the livable space.

Lack of underlying soil conditions like you see in Texas  IE foudations going wonky and requiring on going maintance that can be expensive.5. at that price point you get the best qualified renters not the bottom 1/2 of renter pool you get the top half.5. newer construction  Stucco tile roofs etc   compared to 40 to 100 year old homes in other markets that need greater care to keep functional. 6. ease of getting there direct flights to many places a lot of areas in the mid west you have to connect.. thats an issue at least for me.7. things to do.. 

Use the search function above...there are dozens of threads on this....in short, total waste of money.