The last thing they want to think about is whether or not that stranger they signed their deed over is making the payments, no offense. 

@Jack B.ANYTHING, as you pointed out, can be faked.BUT... if you are doing that for an apt, you risk committing a crime by falsifying information.So, let's say a tenant has the following:- NO CRIMINAL HISTORY from the Report- HIGH CREDIT Score from various sources- Qualified and Verifiable Income from their Employer- NO EvictionsAfter checking all of that, they then submitted a FALSE 6 months bank statement?!

Lawsuit pending. 2018 Increased awareness of disparate impact of criminal history screening Fair Chance Housing Ordinance SMC 14.09.025 disallows use of criminal records in the screening process.

No offense to anyone is investing in that area.

Our PM company recently mentioned that they had just found this amazing software that allowed them to do national criminal and eviction searches.... transunion smart move!

Go grab your signs and throw them away.Of, if you're willing to engage in criminal activities to make a buck, look for more profitable opportunities than bandit signs and wholesaling. 

If these guys are not all criminally charged I would be shocked

In addition, I would make sure you have created a rental criteria that outlines income and credit requirements as well as how you will treat those with a criminal background or eviction history.

Specifically, criminal background checks, credit scores, rental history, etc.

The house is in NJ.I  would need to do the background/ criminal and credit check for the new tenant.