Also, request the tenant info provided in the application process so you can see the type of tenant who was approved.

I then used most of these proceeds to upgrade the properties and make them more valuable.Now I’m looking to sell off my assets and reinvest the money in Florida utilizing 1031 exchanges. 

The most annoying bit is that this is their biggest selling point, have prevalidated pipeline of deals that you can pick and choose from.

Doesn't that defeat the process of selling it myself?

Hi all, I am currently in the process of closing on my first rental property.

Here is the scenario.The current property purchase price is $250k, promissory note is $450k, let's say the property sells at $1M.

However, My previous tenants lease expired as I was going through that process and I decided to pause the refi which would have more than doubled my monthly payment and reduced cash flow to around $300. 

Finding a local mentor who isn't selling you something would be a very good idea.

Know how you'll repay the loan, whether by selling the property quickly or refinancing with a traditional mortgage.- Focus on the property's potential value.

You want the applicant to fill it out online because the screening company needs access to the data to process it.Here's a detailed guide on how to screen applicants: Application Screening Guide