If they are legal dependent of qualifying applicant (ex., college student, dependent parent) then they still need to pass criminal background check.

The wildly exaggerate ARV's and do significant markups from contract price. 

Hi all,I'm under contract on a home in Cleveland Heights and inspector suggested a structural engineer look at a few things. 

Just offer with inspection period and make sure to have written in -  "contingent upon satisfactory review of all leases and T12, not to alter or change leases during pendency of the contract" (At least that's about how I would write it but the realtor there should know how to specify it).

I’m new too and I have a house under contract now to find an investor?!

How did you craft the lease option contract?

Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..

Not only must you know real estate laws and business, but you also need knowledge of the legal intricacies of foreclosures, divorces, probates, etc.

For them, the upside (rent growth and asset value) often outweighs the operational headaches tied to local regulations.Also, these larger firms often have the resources and legal teams to handle tenant issues that smaller investors might find challenging. 

Quote from @Carolyn McBride: I'm about to go into contract on a property I want to use as an STR.