We are about to finish an identical property next door to this one and rent it to more baseball players.

You can't "feel" the property or the neighborhoods identity through a spreadsheet.

I'm told some fraudster tenants who defaulted on their electric bills open up new accounts under false identities.

The biggest reason for me coming to America is that real estate here, comparing to Israel, is more beneficial and less complicated.

I primarily want to verify identity and criminal history.Since I can't run an application on the company, I usually charge a higher deposit of double or triple the rent or I will ask them to pay first, last, and deposit.I also try to negotiate a cleaning fee and use my professional cleaner after vacating. 

For the record you cannot be the realtor and wholesaler on a 203K transaction for it would be an Identity of Interest.

An identical unit next door sold for $75000 a couple of years ago.

Understand "why" you want real estate and write down your goalsNo TVNo radioNo social mediaNo games (except family stuff)Turn your car into a mobile university (podcasts, audio books)Get up earlyEat a simple diet (simplicity and mind-share)Keep a simple wardrobe (simplicity and mind-share)Give up social stuff for a year or twoSchedule specific time with your wife and kidsCut out spending that does not align with your goals (requires less income to cover)Tie your identity to growth (mindset)It's time to attack the day (every one of them).

The idea is that after verifying their identity, I could just provide the code to the lockbox and people can show themselves around the unit without my presence and lock up once they leave.

I'm in an area where FHA and Freddie/Fannie limits are identical, so I can't speak to that from experience.