When we interview prospective tenants we spell it out for them right then. 

However, if you have birthdate, correct spelling of full name and recent addresses going back 3-5 years, you can normally find their credit history just fine without the SIN.    

The title company will spell this out for you during the contract phase with what is known as a "title commitment".

Each city has its own rules/laws that will spell out what you can and can't do regarding rent increases, etc. 

This way you can spell out the agreement and make it more worth while and safe on your end.

They just include it in their monthly rent check.If you go with anything in Option 2-5 it needs to be clearly spelled out as a tenant responsibility in the lease. 

If the name of your business doesn't spell out what you do (Dan's Dog Grooming) then a one line description "we buy houses" or "rehab acquisitions"

In the stipulation, I lay out an aggressive payment plan where it spells out that the tenant pays X amount of dollars on specific days by a specific time via money order to get caught up.

I’m hoping that by spelling out my current situation, which should be fairly common, the experts here on BP could help lay out the best strategies to help me and other newcomers just starting out.

@Jazmond Spell  Hi, I am not a wholesaler, but I am a buyer that tries to find wholesalers.