This isn't necessarily a unique experience.Our lease terms clearly state that the agreement is not binding until we have three things: verifiable funds for the first month's rent, deposit AND a signed lease.

The experts can verify, but the deed must stay consistent for a 1031 exchange to be viable.

Wouldn't you opt for that if you could interact only with verified profiles on any site instead of unverified ones?

Verifying last 2 years of rental history very important!

Let me guess - you never verified if they are a licensed PMC or if they have proper insurance.Do they even have a website with an Owner's & Tenant's portal?

If they wanted to send a hard money pre-approval for half of the purchase, then either A) the lender needs to confirm that they verified the borrower possesses the remaining cash to close, or B) the borrower needs to show proof of funds for the remainder.

You need to verify that the bottom of the foundation is below the frost line in your area, and that the freezing ground cannot lift any brick or masonry outside the house.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

We are in the process of screening a tenant which of course includes verifying rental history.

If they want to stay, verify they can afford it.