I've used to it myself to analyze all of the 35 units I bought over the last few years and personally talked to 100's of other investors who've analyzed and closed on great deals using it.I'd love for you to actually try it and would be happy to receive and incorporate any feedback you have into future releases.

Like I said I do this but for much bigger deals and for my existing clients that are then using me to fund their deals.. and I have total control of the transaction.. these folks are going to learn the hard way. what happens when the deal does not close and the seller wont sign the release ???? 

I was under contract for a property, and the financing fell through due to the property not meeting the lenders requirements and not being sufficient.The seller is trying to keep the EMD as I have signed and requested the mutual release.

This includes contacting the applicant’s employer and speaking with their supervisor to confirm job stability, income, and reliability​. if the person has not been employed at their place of employment they would require a guarantorCredit Score and Debts: Applicants need a minimum credit score of 620, and while we review debts, medical debts are generally not disqualifying unless they impact overall financial health.Criminal History: We do review criminal history to ensure safety and security for our tenants, while remaining mindful of state and federal guidelines.Rental History: Positive references from past landlords, with no evictions or significant lease violations in the past five years, are essential. and we can see into the court system if they have an eviction judgement.Release of Information: We include a release form allowing us to verify employment and rental history directly, which helps us get a clearer picture of an applicant’s background.This process has worked well so far, but I’m always open to improving.

Some lenders charge 5% released upon C/O, others release once that particular line item is approved by local inspection agency.

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They also could have a mortgage that could not be satisfied by the price and in that instance, again the bank would not release it - so again stuck. 

BiggerPockets just released a book written by a man named Pace Morby.

He insisted that a phrase be added that the money is to be released upon completion "and not upon approval by the seller." 

Their entire site is devoted to promoting the insurance industry, unpublished economics for the industry itself, word-salad analysis, assertions that fire damage is our fault, and social issues.Fun fact, they just released a report lauding the profitability of the insurance industry, during the LA wildfire disaster (it’s dated 1/16/2025).