The company has already agreed to cover the lost rent as well as fix the damage but they are “conducting their investigation” so no actions have been taken to correct the issue yet. 

Oftentimes the seller won't cooperate, isn't available, believes the buyer tricked them and gets an attorney involved, and gets investigated.

We use a YTDpaystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make surethey’ll always be able to pay the rent on time.

Because, during the investigation of the High-rise Condo collapse in FL, one of the factors cited was deferred maintenance. 

This is a great place to learn and further investigate investing in real estate.

They actually came out and cut samples from the carpet and had an investigator interview us (we were not even in the country when this took place).  

There is also a forensic analysis showing fabricated dates on our contracts to re-allocate money to older projects.

Settling with you is often much cheaper than dealing with an investigation from the state, so they usually prefer to make the problem disappear. 

I moved this post into that forum, for example.You can see plenty of thorough discussions there and it is just ramping up.We also plan to do more investigative style journalism, come this summer with PassivePockets.

I am a new investor and still investigating the locations.