The following post mainly answered my question: https://www.biggerpockets.com/forums/52/topics/1188157-how-a...Any additional insight / opinion is welcome.

@Ken Wang there are three main indentifiers for running a background check.

I didn't think too much about socials because I don't really use them, but I do want to make them for my business, because I'm new to this and have only been doing it for a week I mainly focused on doing a deal...But you are right I should start my business & personal presence on social platforms, especially after a few sellers asked about my business and where they can find me...Thank you for that great tip I'll make sure to do so!

They mainly do it because they need big syndication aquisition fees going in to keep making payroll.

Im mainly interested in the commercial side of it but residential would be great too.

The main draw back is the funding fee. 

It's all about where your main focus is at.

Mainly unpaid collections and a few liens.  

Any input would be greatly appreciated. there's a lot of ways like petitioning, confidential sale price, buying other assets to offset and depreciating them in year one, etc. but the main way I would do it is to invest in ground up developments with tax abatements which pushes even higher cash flow and then to keep them as retained earnings or in a non taxable structure depending on your equity position.

Each company will have different rates, guidelines, overlays, etc. which is the main thing to look for when it comes to the company itself.