I am surprised your lender is not wanting to verify the lease terms bc if you can not take occupancy of 1 unit I would think you would be turned down for the loan on this duplex.

Mohammad,If you have excellent credit High 780 range or in the 800's and you have verifiable income W2's or 1040's showing income without massive deductions. 

Thank you Sir, I will keep that in mind and verify if that's culprit!  

tell her, the next time she sees a 'bed bug' to save it in a plastic bag so that pest control can verify what it is.

The owner's preference/opinion does not factor in.Before you sign the management agreement, be clear on what the screening criteria is, how they verify the information needed to pass that criteria, and in what situations they might go to the owner.

(See the excellent responses from Jeff and Ann for tips on verifying potential private lenders.)Best of luck to you!

They even coordinate with our housekeeping team to verify that the guests have left before they arrive. 

I hear but, not verified that in northern states like MN that during winter months you cannot evict due to the weather.  

The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

I want to verify the information but don’t know how to approach it with other nearby neighbors.