I am  currently working part time sub contracting cable t.v. splicing.Between 1998 and 2007 I did four small real estate deals and managed to make a profit on each deal, During that period I had some money, great credit and a very good working relationship with a local bank.

Seasoning period is different for each lender most will require 6 months to consider new appraised price instead of purchase price.

I can envision a service which offers those screenings reports for a a one time fee and assigns the tenant an access code which can be used by several different landlords over a set period of time (say 90 days), or for a certain number of updated inquiries.  

To clarify: The time I attempted to view the property and speak to the occupant was during the 10 day inspection period while the home was under contract.  

Make an offer, go visit the property when the offer is accepted during the inspection period.  

Unless things are different in different parts of the country but I don't think so... if you read the fine print of the warranty of tub reglazers there will be a paragraph about not setting anything on the reglazed bathtub ever again, meaning, no soap, no shampoo bottles etc... this is a pretty good indication of the resilience of the process, they are basically worried about anything on the surface for a long period of time causing moisture issues and bubbling the 'reglaze'. 

The fund manager makes the loans and disperses the proceeds periodically.

For example, my tenants were responsible for returning trash carts in a time period from pick up, failure to do so then required us to return them and such was not a contemplated duty of management, that justified an admin fee.

But it does add up if he has done 8 to 10 of them.IN the day when I used to buy Sherriff sales in Oregon with the 6 month right of redemption if the house was vacant and abaondoned I did the same thing I went in and rehabbed it during the 6 month period so when I got my sherrifs deed I could sell right away.Now In our market with Redemption rights a hot commodity I would only risk it with a 20k rehab and under. something that we could lose and just chuckle about it.

Require those documents be delivered in the option period.