My husband and I will be renting to two college kids who, do to their age, do not have a credit background and (since they have retail college jobs) make $50 less than 3x the rent (net income).

A title search and credit reports have been pulled, there are no judgments or liens. 

Well, their credit Is already trashed due to the missed payments.  

Anyhow it feels good at times to help them keep their place,  especially the ones who truly deserve it and would face almost certain foreclosure, thing about the loss equity they lose, the credit impact for several several years to come. but we can't help all of them unfortunately our of hundreds of thousands in virtually every state across the country, but we try.

Does anyone know the benefits of having business credit in Real Estate.

I hope to soon join some meetups and in person events to learn even more.I’m saying it here so it is in the internet ether for eternity that I will not over think and talk myself out of real estate again, I will go through with the plan.Thank you for lending me your eyes while reading this and I look forward to connecting with you in the future.Mack Benson

I have credit in the low 700s and am looking to make a large down payment. 

My credit score is only like 670 which is below what conventional loans like to see and I only have about 3 grand to my Name.

If it is in fact just the baseboard that needs to be taken care of, then maybe it might be worth it to do it yourself after taking the training...but at the same time, you get a $1500 tax credit from the state for each unit you get lead safe compliance on...which would typically be enough to cover most of that work and the inspections. 

I would recommend that course of action on the next house.Also some lenders are now willing to pay your appraisal fee at closing so you could have gotten that $515.00 fee credited back to you towards closing costs.