Run credit and background checks, actually call the listed referrals, and ask for bank statements.

I've seen Pace call out bad actors on Zooms and help make things right.

Lexington is bad too, but not nearly as bad as Richland County.

It’s not a bad idea just depends how much effort and $ you want to put in.

You know this and the reason I am saying that I am considering in getting a real state license is the connections, the access to listing off market and possibility of earning commission that I can use to increase my portfolio.I think that being an investor agent will help me build a reputation and that can be good or bad.

How important is it to have good credit when making these deals? 

That's pretty low for a 3-BR - I'm seeing the FMR for a 3BR in that zip code is $1,850.But at $1,300 for rent, you'll probably find HMLs that may lend you around $120k if you have a good credit score in my opinion, which means you'll need $45k + closing costs.

Utilized a low down payment loan, maxed seller credit, tax proration and closed on the 1st of the month to maximize my cash and acquire this property What was the outcome?

I contacted the bank and they told me the person needs to go through the regular qualifying process such as income, credit core, employment history, etc.

If your planning on listening to keyboard warriors on here to explain the process, you're gonna get a lot of bad info...some good, but some bad.