The tenant advised me his girlfriend would submit an application, but not him.

Where I’m at, if you list on Zillow, and you are priced right, you should be flooded with applicants for an affordable property… but the ‘flood’ decreases as your price point moves up.  

Road surface.Subdivision rules and application process.  

There are budget-friendly self-management sites that make setting up applications and collecting rent simple and again, you can pocket that 12%.

Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.

3) Lastly what would happen if I applied for a construction loan application that pertained to Real Estate?

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

The individual can verify that it is a licensed health care provider, but cannot easily determine if that health care provider is one of the many that advertise on the internet for ESA authorizations for a fee.I personally think the biggest advantage of using petscreening.com as well as enforce AB468 is it discourages bogus ESA applicants from applying.  

Legally speaking, if you have agreed to an installment sale, I'm not sure if the stepped-up basis is applicable.

DSCR loans also allow real estate investors to secure financing based on property cash flow rather than personal income, which simplifies the application process!