My requirements are simple - verifiable income 3X rent, no evictions, no felonys in the last five years, etc.Get the place fixed up, then rent it.

Additionally I would want title contact info to verify what they are saying is true.

It sounds like the property has peaked your interest but I always make sure that emotions get checked in at the door and verify that the numbers and my exit strategy makes sense.Will the properties cash flow?

But that's easily verified, and many borrowers are used to doing that.

Worst part, after I do the repairs, the appraiser has to go back out to the property to verify....craziness.

Welcome to BP Uuri, income does not have to come from 9-5 but it need to be verifiable, if you report your income on 1040 and pay taxes, you should be fine.

I already verified this.

My main concern is that they have a steady and verifiable income.

Always screen all adult tenants, never give personal loans/smokes/etc, verify EVERYTHING they tell you that's relevant to lease, keep it landlord/tenant.

(Member American Appraisal Institute) Appraisal.6 Further, any such amount verified by the appraisal to be owed to the defaulting party is to be paid--less a reasonable default fee that is specified within the Beneficiary Agreement (e.g., $2,000.00 is standard); and less all past-due payment amounts, late fees, other penalties, unpaid charges or special assessments.