You definitely want to use a thorough screening method like rentprep.com that gets their income, credit, background check, and call at least 3 references (make sure to verify them by address/job and then their name).  

You could see if a local credit union or community bank will give you $20K.  

I'm new as well congratulations on you're first property me and my fiance was going to start a real estate business but she has cold feet so i already have a LLC she the one who has the 820 credit score and I'm getting mine back in order we both have one property each i just loss my contract for my business so I'm thinking about using the equity from my home or turn my home it a bordering house just need some mentoring 

Once we changed to charging a fee, proof of ability to close, good income, a sizable reserve and reasonable credit, the students not only started taking the training seriously but actually began buying properties for their retirement.

@Travis Gutting Open a prop stream account, fund it with some skiptracing credits and go to work!

Credit Rating/Bank Statements/Tax Returns: Specify your requirements, if important to you.Purchase Criterion: How do you define a good deal, which will be profitable for your borrower and safe for you?

Can easily get fee worksheets and run credit/DU 3.

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

I've read so many horror stories on this forum about terrible PMs. 

Look at it more like a credit card.