I point around the spotless unit they're standing and as we sign the lease I say "as you can see we try very hard to keep our places nice for you (here they usually make a comment about how much cleaner we are than others they looked at which only reinforces my position) and we want to to keep them that way so the next people can have as nice a place as you do today and we have good people like you wanting to live here and in our community.

If you're aggressive and take your time on tenant screening, income verification, background check, credit check, reference follow up, and an interview; you can remove many of the issues that come with investing in poor condition areas.

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.

I agree, definitely complete the rental verification, and read through their credit report. 

I know here in Michigan there are some lenders who have a loan for investors where there is no income verification.

Just wondering if this private money lender is to good to be true, i found it on my facebook group, its from crown lending with website at loandirectllc.com, they ask me if i had a property yet , i told them no, i just said pp- 120k, rhab- 40k, all in at 160k they said LOAN REPAYMENT SCHEDULE Loan Balance:$160,000.00 Adjusted Loan Balance:$160,000.00 Loan Interest Rate:3%Loan Term: 30 yearsMonthly Loan Payment:$674.57Number of Payments:360Cumulative Payments:$242,843.13Total Interest Paid:$82,843.1380% ltv on Rehab and this is 100% financing so no cash out refinancingNote: The monthly loan payments was calculated at 360 payments of $674.57IF YOU TOTALLY AGREE WITH THE TERMS LISTED ABOVE, KINDLY SUBMIT A SCAN COPY OF YOUR VALID ID CARD AND A RECENT PROOF OF INCOME RECEIPT FOR VERIFICATION BEFORE WE PROCEED FURTHER WITH APPROVING THIS LOAN. 

And if income is from a job an employment verification is done. 

A lot of rehab/flippers put language in their contracts to encourage buyers to utilize their lender similar to how new home builders put restrictions on buyers with outside lenders by writing:- more restrictive contingency dates- monetary incentives to use their in house lender- quicker close dates- required prequalifications by the in house lender- higher earnest money deposits required- verification of funds to close, proof of credit, and Income documentation- etc

The most important part is keep an open mind and let questions answered lead to more questions.I have always been able to go into the city and across the counter ask enough questions to to have a comfort level and move forward with projects.Here is an example of keeping an open mind.I was looking at a single family, zoned single family.

The platform is similar to other OTAs but because the platform started with 30+ day stays in mind, theres a verification (income verificaftion, lease signing, etc.) that the other platforms don't have.