Screening your tenants is one vital key to success.

See text:‘‘(3) MODIFICATIONS TO LIMIT BASED ON TAX21 ABLE INCOME.

In a fast market like Houston it is vital for a flipping business to be able to quickly pull comps.

. - Build-up/structure real estate company- Small modification on 3rd property in Dec.

A great review in one city typically doesn't carry over to another because it's a different team running the show there.Reading the company reviews is definitely vital and if you find them on the marketing channels (VRBO/Airbnb) and read the actual guest reviews which provide 100% transparency that would be a great indicator how they are operating in your area for any company large or small.

You can make money actually doing the right thing that the big banks won't-- having had to do our own "modifications" (a joke) on res. and commercial property-- we know how to do workouts and underwrite as well.All of the above is important to give you perspective on the comments I'll share on turnkey rentals-  We have a lot of inventory now (midwest, southeast, mid-atlantic)-- much of it is/ or has been sold on owner financing or as a turnkey rental.When I model out the exit on a property we pick up -- I look at 2 back ends (excepting the ones we keep in rental portfolio)  1) sell on owner financing 2) sell a turn key rental.1) The owner financing payment has to be affordable and below the market rent for the area to attract a buyer with dinged credit and a down payment that has the highest chance of succeeding in buying the home eventually.

What may be the more important function of security deposits is that they're vital to tenant screening, not just about protecting against damage.

So take it as the VA gets the vital stuff out the way and pretty much should be motivating you to go back to a seller and propose your own numbers to a seller for the simple reason it lets you kno that your number is solid and gives you legs to stand on because you can do what your VA can not.  

I agree that there are a lot of credit repair scammers out there but what separates the scammers from the legitimate credit repair companies are two vital elements.1) Do they have a merchant account?

It is vital information for me and other to learn from.