Verify and double verify with the applicant that the information they have provided is correct and that all income is verified and all adults will have a background check. 

We just need to verify that you have cash for the downpayment, closing cost, and up to 6 months of the mortgage payment as reserves.

This is verified based on the good schools, department stores opening up (Costco, Target etc.) as well as verified investment from Jerry Jones (Dallas Cowboys owner) and the city to grow the population.

If they did no due diligence, for a 506c it is up to them to verify accreditation but also do not think if the deal goes sour that you can claim you did not know, as its also up to you and you knowingly filed a fraudulent subscription agreement by marking you are accredited.Two wrongs do not make a right. 

Verifying last 2 years of rental history very important!

Verifying last 2 years of rental history very important!

Fourth piece of advice...don't believe people's advice that have something to sell you without fully verifying & doing your diligence.Really dig in on #2 before you do anything

Verifying last 2 years of rental history very important!

I say "may" because while I have read about this in several places, I have not personally verified this to be true.I usually pay contractors by check the minute the work is finished and approved.  

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