I typically invest in flips and rentals, but have an IDEAL subject to deal that sort fell into my lap.

It will take me a while to sort through all of it, but thank you.

I actually have a close friend (who's still in college) who owns two rental properties and manages them alongside his longtime girl friend who just happened to graduate from Marquette University with a Bachelors in Business and a whole bunch of other degrees, and they pitched an idea to me to start some sort of real estate business.

It certainly helps to know these sorts of things that real estate agents don't tell you about!

Do you have a pre-approval letter or some sort of proof of funds?

I was looking to see if there was some sort of database, for lack of better words, that had a list of already qualified renters when I came across this "Bad Tenants List" (http://badtenantslist.net/).I'm curious if anyone has came across this as well and because its membership only you may not view any of the good/bad tenants list so I'm also curious to know what limitations on information may a company hold on a potential renter?

We live in North Carolina by the way (not sure if the laws surrounding this sort of thing vary from state to state).Thanks in advance for your feedback and if I haven't clearly presented the situation please let me know and I will do my very best to clarify.

This insurance situation covers that sort of scenario.

Also, companies in the real estate sector that have to import equipment, materials or input of any sort in the normal course of their business, would have to spend more per the devaluation.

Also, have the tenants paid any sort of security deposit?