you don't go through the same qualifying and loan application process.  

for now - what service provides a decent way to log in online and input the applicant's data and run the credit & background check together?

I had fewer applicants, but still enough to have multiple folks wanting to apply.  

FDirst step, find a good local mortgage broker and they can explain FHA, and get an application from you for a preapproval so you Know what you can qualify for.

Mike:CAP rate is really not applicable to residential properties (1-4 units) as they are not valued based upon fiscal performance.

@Troy S.This was new construction but the form I was referring to is applicable to renovations as well.Andresa LobraceRegarding who is responsible...I expect it comes down to the business relationship between you (the developer) and the builder you hired.

You won't find these on tapes of notes offered by established sellers. 

I use that to collect the application fee so the tenant is already set up there when they need to start paying rent.

Does anyone have an application sample and a contract sample that I can use for Oklahoma? 

I make the applicant pull and provide their own credit report with a recent date.