Under Wisconsin Fair Housing laws, those receiving public assistance are a protected class, meaning that if you were to say "no Section 8", you could be fined or prosecuted.  

@Jack B.ANYTHING, as you pointed out, can be faked.BUT... if you are doing that for an apt, you risk committing a crime by falsifying information.So, let's say a tenant has the following:- NO CRIMINAL HISTORY from the Report- HIGH CREDIT Score from various sources- Qualified and Verifiable Income from their Employer- NO EvictionsAfter checking all of that, they then submitted a FALSE 6 months bank statement?!

Lawsuit pending. 2018 Increased awareness of disparate impact of criminal history screening Fair Chance Housing Ordinance SMC 14.09.025 disallows use of criminal records in the screening process.

its not legal as most do it in all 50 states just not enforced or prosecuted.. you can close on the home then advertise it for sure.. cant advertise homes you don't own and the equitable interest theory does not stand when you sole business purpose is to emulate real estate broker activities..  

Our PM company recently mentioned that they had just found this amazing software that allowed them to do national criminal and eviction searches.... transunion smart move!

Go grab your signs and throw them away.Of, if you're willing to engage in criminal activities to make a buck, look for more profitable opportunities than bandit signs and wholesaling. 

Once he was caught he made restitution, sold his home and moved away to avoid prosecution.

If these guys are not all criminally charged I would be shocked

In addition, I would make sure you have created a rental criteria that outlines income and credit requirements as well as how you will treat those with a criminal background or eviction history.

Specifically, criminal background checks, credit scores, rental history, etc.