Any adult over the age of 18 will need to fill out an application and pay the non-refundable application fee.Application fee and submission requirements: The application typically requires a non-refundable fee, which varies depending on the property.

I'd go the direct lender route that is NMLS licensed as well as funds and services the loan .

The tenant disappeared, but has a guest in the house and the tenant is non-responsive to calls/texts.

Not in Texas.QuonticRed Canoe Credit Union, WA ORRegionsRiver Bank & Trust, ALRivermark Credit Union, OR 90% LTVSCCU Florida 80% LTV, 2.75% first year promo, not LLCSECU NC 65% LTV rate 2.75% Oct 2021Signature Federal Credit Union 75% LTV (100% on primary residence), VASilvergate Bank, CASound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv."

This has allowed me to build not just my real estate business but also a home services business which has really taken off and provides additional income streams for me between my flip/develoment  paydays.

Thorough research is crucial.Explore non-traditional rental strategies: Short-term rentals (e.g., Airbnb) can provide higher returns in specific markets, but come with their own management challenges.Refining Your Analysis:Double-check your calculations: Ensure you're factoring in all relevant expenses (taxes, insurance, repairs, etc.) in your BiggerPockets analysis.Consult local experts: Real estate agents or property managers familiar with your target market can provide insights on hidden gems and realistic expectations.Remember, location matters: While affordability is important, don't compromise on factors like tenant demand, and access to amenities.Additional Tips:Network with other investors: Connect with local investor groups or online communities to learn from their experiences and share strategies.Start small and scale gradually: Building experience with a manageable property can be valuable before taking on larger investments.Remember, investing requires patience: Don't expect immediate results.

California has specific mold laws - I suggest you read up on themCalifornia's "Toxic Mold Protection Act of 2001" authorizes the state's Department of Health Services (now called the Department of Health Care Services) to set permissible levels of indoor mold exposure for sensitive populations (like children, or people with compromised immune systems or respiratory problems).

Redoing a bath, flooring, or anything else like that can be non permitted..

A couple bits of advice: have a non-contractor person lined up to check their work.  

The best idea I have is for a vetting service renters can use to screen potential rentals/landlords.