This is the same reply I put on the other identical post. 

In regards to your sign up question, the only issue is that most payment services, including ours, requires some type of bank account verification before a tenant can submit an ACH payment.  

, and June came in $7k lower than the identical house across the street that had just sold.

The purchase price is $176,000 and the ARV is $250,000 with several recent identical comps in the same complex.

However, a unit on the second floor overlooking the parking lot is not worth the same price as an identical unit on the 12th floor with a view of downtown Phoenix and the mountains.

The home at question is very similar if not identical to the following FSBO that was recently sold.

The lender wouldn't need to ever look at any income verification documents.

Cash>Check>ACH>Credit card.Credit card: Disputable up to 90 days by the click of a button with minimal verification relative to the other methodsACH: Disputable up to 60 days by informing the bank in writing (and with a higher level of verification by the bank)Check: Disputable up to 30 days after the customer’s bank statement is issued and requires the customer to prove fraud or identity theftCash: is king - however the chances of getting your tenants to send you cash every month is nil The goal of any investment is to reduce risk (or be duly compensated for accepting additional risk).

Do not invest remotely without at least visiting.While here meet with multiple types of people- take notes- compare notes- try to see the truth between themIf you plan on doing a rehab expect it to take five times as long and cost twice as much as you think it shouldUnless you REALLY WANT to dance with the dark side to maximize your return don’t invest anywhere you wouldn’t be willing to walk around at night waving a 100 dollar billAny business transaction you are in do as much outside verification as possible.

No need for tax returns, Verification of Employment, or income.