Verifying last 2 years of rental history very important!

That's when I just decided to bill for biweekly cleaning and install hallway cameras to verify the rooms aren't accessed by anyone unauthorized.

Mind you, with mortgage interest rates in the US being so much higher now (and seemingly for the foreseeable future), I wouldn't be surprised if LTRs in Europe would cash flow better than in the whole US nowadays (to be verified).This being said, I don't and would never invest in LT rentals outside of North America  as I wouldn't want to face unfavourable landlord/tenant laws as a foreigner.

Verify that the addresses given by the tenant on the application match the addresses on the credit report.

Verify before you trust.

When you go inside, you're verifying that the condition and estimated rehab costs match your expectations.

But I'm getting a pass because the IRS does not verify and does not even ask.Don has a more difficult time with his auditor because he does not have Form 1098, and he does not want to show a form with my name on it, for obvious reasons.

Don’t just take my word (or anyone else’s) at face value—verify for yourself! 

Always perform thorough market research and verify the numbers on any property you consider.

As sponsor you have a VERIFIABLE track record of success in same or at least similar investments 2.