Again circling back to my previous post, proactive asset protection relates to  the way you operate your business on a daily basis.

I actually during the credit crisis when our PDX banks froze  ... contacted them about doing a subdivision A and D loan for me... sent docs down  but I got a pre qual letter to quick and what I thought was too easy... next step was the 10k for due diligence, being a lender myself it was just too easy...

It's great that you're already taking steps to monitor your finances!

The first step is to let the tenant that they are not allowed to do this and that we will look into the work done and cost to see if they would be reimbursed.

Too many people are focused on the scale before they take the first step.

Tenant screening is, in my opinion, the most important step in maintaining both your property and your sanity. 

@Yoav Schatzberg Step 1 is to compare it to prior year P&L. 

They will verify the numbers using the steps that they have in place to protect both you and them from a loss.

PP: 400KRehab: 50KARV: 600KHere is where I'm seeing the information -https://selling-guide.fanniemae.com/sel/b2-1.3-02/limited-ca...https://guide.freddiemac.com/app/guide/section/4301.4@Mark Koontz I'm currently doing a 2 step loan at the moment and can share details on the whole process.

Would enjoy hearing feedback and advice on what beginning steps I need to take to get this thing rolling.