I hope no one takes this offensively as I mean no offense.

My current stance is we accept any application that meets credit, criminal, and income qualifications, with no concern on how the money is being paid, but we wont modify our lease terms for said funds.So I wanted to see what everyone else is doing?

Some programs only last for a certain period of time, perhaps year to year based on their funding, others will terminate a tenant from the program for violations, criminal behavior, etc.

I have a tenant that the wife has a clear back ground, but her husband has a felony for a misuse of debit card for $32?! They make more than enough and have 3 kids.. They are good people and make 3 times the rent.. bo...

Honestly I believe if you are a guy doing flips, with a track record, it is just way, way easier to get your financing lined up.This next part is my own straight talk, directed mostly at myself but perhaps it is also useful for the OP or others, so no offense please:It is also a function of personal finance, getting your own 'financial footprint' as small as it can possibly get. 

But never offensive when it hurts the bottom line.  

Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some tools also make it so that your tenants have additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

Criminal history.

That's all really helpful.It looks like you're also in SoCal, do you have any suggestions about "reasonable" (aka. non-offensive) percentages on ARV as a starting basis, or ballpark?

Derek,My apologies on using the term "suckers" in regards to hard money lending and if you took offense to it.