You need to get pre-approved with a lender as well. 

In my head I ask myself if we should go for one less capital intensive LTR and give a local STR a try (for the tax advantages) as well. 

Needless to say, that's treated them very well over the years.

The distributions are exceeding what I expectedFinancials are as clean as can be4) Transparency, response time, investor experience have been fantastic For comparison, I'm an investor in other syndicates that have gone the whole year without distributions or on the brink of rate caps expiring, let alone communicating well.

We verify everything listed on their application as well as a handful of other questions (using a modified version of the one from BP).

You can also do a skiptrace to find their address and or phone number as well.

It's done well enough to keep the lights on with a modest profit, but definitely could do a lot better with more of that experienced property manager's "secret sauce".

It looks like Airbnb may be a good option as well. 

Some conventional programs go up to 50% DTI as well. 

In addition - checking account statements showing deposit income going back X number of months would also do that as well.