You can then have them re-apply to screen them through whatever your preferred method, which we do as well but we cover that 2nd application fee. 

FYI, my fav is "failure to adhere to the rules of the lease or lied on or during the application process" and inject clauses such as "any individual over more than (x number of days) is considered a tenant, and must apply or be added as an occupant". 

My beef isnt with the lenders themselves it’s with the misinformation and the lack of actual information needed to make sure you have the resources to apply. 

So, anything we don't have to pay to the Dominican Republic tax authorities (the tax exemptions), we have to pay them to our home tax authorities because those exemptions don't apply.

Same question applies to partnerships.

This principle likely applies to all book genres. 

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

Those issues were likely pre-existent and lip stick was applied to get a tenant in.   

I would ask the lender you applied with to disclose how they calculated your DTI... sometimes they fail to add back in depreciation or deduct costs from your schedule E like tenant turnover, improvements, etc. that shouldn't be included in the DTI calculation. 

I'm in the position to apply(depending on lender DTI requirement) for conventional financing through the builder at <6% interest rate in this current market.