Verifying last 2 years of rental history very important!

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

 @Ko KashiwagiYes, we are US citizens, have quite a bit of real estate in the US, a bank account, and credit history.

Depending on the winds it was either from huge fires in Canada, Eastern WA, Oregon or CA.

When I allowed HH properties at my company, we screened people to the degree we could (credit, background, income, rental history), but you still end up with some percentage of "crazies" who can derail the entire property and force out your other tenants.  

Verifying last 2 years of rental history very important!

Verifying last 2 years of rental history very important!

Hear from Mitzi Taylor, Broker/owner in her home town of Pea Ridge; Lori Hawkins and her husband handle Madison County residential and land listings for Smith & Assoc with major focus on Huntsville; and Robert Smiley of McGraw Realty covers Siliam Springs as well as Eastern Oklahoma.

Looking at the history of the market, your appreciation will be 10x stronger in your market holding just 1 property than trying to manage 12 doors out of state.

If the house takes longer to sell, we aren't losing money every month on interest payments and can hold for the right sell price.Cons:We lose our regular stable monthly income and have to rebuild again (we have done this before - this would be our 2nd "bootstrap, build, sell" business)We lose our 5 year history when it comes to conventional mortgages and moving into a new home for our own family in the next 2-4 yearsThoughts / recommendations?