Otherwise the background check features, having a pre-set but editable application, direct deposit, rent reminders to my tenants, and automatically adds late payment fees (should that be needed). 

Here are some pros and cons:Pros:Safety and Security: Requiring background checks for all adult occupants helps ensure that everyone living on your property has been screened for potential risks, such as criminal history.

One filled out the application but refused to do the credit and background check so i rejected him.

Every state has a unique set of laws and regulations regarding the foreclosure process, so your ability to succeed will depend largely on where you're operating.Also, all three of these require advanced skills and background, so I wouldn't necessarily start here.That said, if you do then be sure to get top-notch training and complete deal documentation from folks who have seen at least one full real estate cycle.Rather than specializing so soon in your real estate career, I would instead recommend just getting in front of as many real estate owners with problems.Just getting really good at talking (and listening!) 

When I listed it I adjusted the rent to be a little higher than the comparables in my area, because it was one of the nicer ones in the area but I can't seem to get a renter. over the last 26 days, I have had 46 inquiries and 14 applications, of those 14 applications about 5 of them passed the background check and credit history check. some of them I could not get ahold of their employer or landlord which was a red flag for me. 

As a background, I have a well-paying job and am not in immediate need of cash.

However still do the credit and background checks to make sure the renter qualifies. 

What is your investing background?

@Brandon Brown you have either done a boat load of research or have background in mechanicals! 

Traditional Banks have more rigorous approval processes, which can take weeks or even months.We are usually more flexible with loan terms and conditions and are more aggressive with leverage (higher leverage compared to banks), while banks generally have rigid loan terms and conditions that may not be as adaptable to unique investment scenarios.Private lenders are more focused on the potential of the investment itself rather than the borrower’s credit history or financial background.