Quote from @Laura Stayton: Quote from @Karl Kauper: For a 3-bed, 2-bath house in Sutton, MA (good school system), if I screen very carefully (high credit score, work history, no evictions, etc.), please describe for me the worst-case scenario for an eviction process if the tenant refuses to leave at the end of a lease term (assuming I do everything properly according to MA laws)?

We are currently in highest residential housing price bubble ever recorded in US history (Case-Shiller housing Index) so If you buy Cisco in Dec '99, ain't gonna go well for you, probably :)good luck

Verifying last 2 years of rental history very important!

Also---you need to make sure whoever did the rehab did it correctly (no point in paying a premium price is the work isn't done correctly)...lastly if you pay for a turnkey property...how do you know the tenant is paying a market rent and is a good tenant (credit score wise, payment history wise) etc?

We could come up with basically what the mortgage industry would call "Transaction Histories," but not "Bank Statements."

Verifying last 2 years of rental history very important!

My first attempts to get a loan ended in some pretty humbling experiences (getting laughed out of a couple of banks due to zero credit history).Fast forward to today, and after building up some credit, a stronger W-2, and a solid professional background, I’m finally back in West Palm Beach, Florida, looking to make my first deal happen.

Real Estate CRM software stores organized data about leads and customers, such as personal information, communication, and purchase history.

I put my criteria clearly in the listing: 3x income over rent, 85% on-time payment history on credit report, and good references from past landlord.The biggest mistake you can make is taking the word of a current landlord.

They care more about the asset value than your own credit history.