It would not be acceptable practice in most places to require an application before seeing a property...in fact if I were a renter and someone asked for an application before I saw a property...I would assume they were trying to steal my identity and did not actually own the property in question.

For example, I had a guest put their fist into a tv, I had to submit pictures, a receipt for the tv, and a link to the identical model so show cost of the unit.

Don't pierce the corporate Veil: This can occur if the entity either is poorly capitalized.Inadequate Initial funding of the entityor fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books)Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.Do not commingle personal and LLC assets.Maintain a separate LLC bank account.Execute an operating agreement.Follow the provisions of an operating agreement.Have LLC member meetings according to the operating agreement.Title property in the name of the LLC.Maintain insurance on LLC property in the LLC's name.Sign all LLC documents in the LLC's name, not the members' names.Although Single member LLC are more prone to failing the separation test, these steps will also provide a better defense against other creditors attempting to prove to pierce the LLC veil.SMLLC does not file its own tax return, meaning it is disregarded for the tax purpose, so you will still report the rental activity at Schedule C of 1040. 

If so there will then be only one data point instead of two of recent, identical sales. 

And even then I have to admit the entire operation is identical to hospitality/hotel so there is that, I get it. 

Purchase target is $200K with a $150K rehab cost for two nearly identical buildings.

Hopefully his father can help identity local deals that aren't online.Any and all info and advice is welcome.

(c)Furnishing reports in connection with credit or insurance transactions that are not initiated by consumer(1)In generalA consumer reporting agency may furnish a consumer report relating to any consumer pursuant to subparagraph (A) or (C) of subsection (a)(3) in connection with any credit or insurance transaction that is not initiated by the consumer only if—(A)the consumer authorizes the agency to provide such report to such person; or(B)(i)the transaction consists of a firm offer of credit or insurance;(ii)the consumer reporting agency has complied with subsection (e);(iii)there is not in effect an election by the consumer, made in accordance with subsection (e), to have the consumer’s name and address excluded from lists of names provided by the agency pursuant to this paragraph; and(iv)the consumer report does not contain a date of birth that shows that the consumer has not attained the age of 21, or, if the date of birth on the consumer report shows that the consumer has not attained the age of 21, such consumer consents to the consumer reporting agency to such furnishing.(2)Limits on information received under paragraph (1)(B)A person may receive pursuant to paragraph (1)(B) only—(A)the name and address of a consumer;(B)an identifier that is not unique to the consumer and that is used by the person solely for the purpose of verifying the identity of the consumer; and(C)other information pertaining to a consumer that does not identify the relationship or experience of the consumer with respect to a particular creditor or other entity.(3)Information regarding inquiriesExcept as provided in section 1681g(a)(5) of this title, a consumer reporting agency shall not furnish to any person a record of inquiries in connection with a credit or insurance transaction that is not initiated by a consumer.

While on the surface of examining the rents in the most popular zip codes (19143, 19139, 19142) might show Section 8 rents identical to market, that being said the conditions needed to reach that rent are drastically different.

Scenario Is person A and B they are exactly they have the same job, same car payment, same income, everything is identical except one thing that will drastically change their credit score.