On the pro side, it can hide your identity and adds a layer of difficulty.

If you have access to the BP forms, then I'd compare and contrast to make sure they are virtually identical from a terms perspective.    

I would screen them like any other tenant: 3x take home income relative to rent with verification, clean background check, positive landlord references.  

I got lost in a branding black hole w/nothing to show for it bc I didn't quite have my identity yet...I would have been putting the cart before the horse.

Income verification, Credit report, public/court records, employment and prior residence histories, on-line presence.

As I understand it when the property is put into the land trust, a trustee has to be named and the trustee is listed as the owner and only they know the identity of the beneficiary?

The confusion seems to stem around whether one should get "verified" as an accredited investor, which entails getting a certification letter from your own CPA, Attorney, or Registered Investment Advisor, or from a third party verification company, who reviews the investor's financial information and then "verifies" whether they meet the accredited investor definition above. 

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Sounds like you haven't been on the phone with the seller and the lender and done a loan/terms verification.

Not to mention that in order for them to apply for you, you'd have to give them your info and then you'd be wide open for identity theft.