This criteria happens to pretty much exclude all S8 applicants. 

All major flippers in town have heavily compressed ARV to accommodate for the potential of the downward slide to continue.

In some areas, I find that the information is exaggerated (applicant lied) to make their application look betterHere's how I use them:  A lot of times, the applicant will self report information that disqualifies them. 

Before finalizing a decision to sell, I thought I’d get some thoughts from the BP forumThe only obvious factor I know to try to head off a problem is to carefully screen applicants.

I encourage you to consult with a qualified attorney to ensure this agreement complies with applicable laws in your area.

 I am a relatively new house flipper.  One of the issues I have noticed is that some people think of a flip house as being the cheapest possible rehab.  To address this I took detailed pictures from beginning to end o...

Not sure why that happen, however the best way to screen a potential tenant is to see how they have performed in the past. 

For first-time investors, neighborhoods like Riverside, Murray Hill, and North Jacksonville could be good places to start, offering strong rental demand and potential for growing neighborhoods.

We add up the scores and get a total score that reflects the level of risk the applicant presents.

:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city.