For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check:  > Funding your business with your home equity or personal savings/guarantee is a HUGE risk  > ~45% of Small Businesses applied for a Business Loan in 2023  > Less than 2% of SBA Loans are actually funded/approved  > 29% of Small Businesses FAIL because thee run out of Capital  > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it)  > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!

You have to take information you independently verify and determine what your risk is from that information.

IE; If you are looking at a P/L for last August, but annual property taxes are due November, you are not getting a good "monthly" snapshot.If this is due diligence, you will also want to verify the data being placed into revenue and expense.

Documentary tax stamp deed to the Clerk of Court [ I verified this as correct for our area]J.

There are so many lost opportunities relying on assumptions that aren't accurate and easily verified.

Just ask for two previous addresses and check to verify.

It is career ending.Take the time to learn the law, know how to verify ownership and reduce the trouble you will encounter along the way.

Also, we have witnessed a lot of tenant applicant fraud related to income verification and employment, in addition to identity theft.

The above varies based on the lender as large investment property lenders decide on their own guidelines that are often similar but not identical. 

You can hire an agent just to show and be a body if they are willing, While its not perfect, ChatGPT is a great tool to ask initial questions and get a launching pad (always verify what it tells you)  - @Drew Sygit - Good point about getting someone to help you with screening if they dont have any "skin in the game" so to speak.