We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....

Is there anything specific I should focus on during the due diligence process, particularly regarding title and document inspection, compared to a traditional sale?

That being said, the vast majority of mortgage products available (primarily DSCR) to LLCs are still going to consider your personal credit in the underwriting process.

We're in the process of getting our systems and team in place and really starting from scratch.

At the time, I was not going to say yes to that and I began the eviction process.

Many states have a "reciprocal license" program to simplify the process.

Are there any unique considerations or red flags you look for compared to the traditional rental process?

We are starting the process of analyzing deals, making a plan and executing on it. 

When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.

Cut your losses the first time they miss a payment and start the eviction process.