Verify inspections have passed before you pay for it.

Sign an authorization to release form for the first to the second lien holder so that they know that you’re paying each month And can verify on their own at any given time.2.

How are you verifying your deals based on what you know?

Generally it is the contractors responsibility to submit the permit but ultimately the consumer should verify that the permits have acutally been submitted with their building department. 

One of my biggest regrets now that I am "retired" is that I did not take advantage of as many conventional lending opportunities as I could have back in the days when I was minting easily verifiable income through my day job. 

You can verify that the market rent the same as what they are quoting by using rentometer, going to zillow, and craigslist.

Business Search - 14 Million verified businessesSearch for: near: Males: 6,681 (49.3%)Females: 6,881 (50.7%)For population 25 years and over in 30517: High school or higher: 88.1% Bachelor's degree or higher: 37.0% Graduate or professional degree: 13.9% Unemployed: 4.6% Mean travel time to work (commute): 34.6 minutesFor population 15 years and over in 30517: Never married: 22.3% Now married: 62.2% Separated: 2.3% Widowed: 4.2% Divorced: 9.0%Zip code 30517 compared to state average: Median household income above state average.

You may be able to check with Twilio to see if you can set up a script to automatically verify their information.

If the person you spoke with doesn't have a clue, which is normal, verify everything they tell you.   

A couple of thoughts: Check to verify if current going rental for the unit is it higher than the $1500 collected and how much?