Anyway, I figure normal screening is good enough, call previous LL's, check credit (which seems the best indicator to me honestly), verify employment, and look for previous evictions.

All of the reasons we love Huntsville as a real estate investment remain true regardless of current events - employment opportunities, low barrier of entry for investors, culture, diverse economy, etc.

There was also a document inserted about lobbying activities, and an equal opportunity employment notice in both english and spanish. 

Over the past few years we have always qualified applicants by requiring 3x the monthly rent of employment income and that has always worked well.

Due to being recently self-employed I do not believe institutional financing will be an option. 

In that case, your rent is considered active income, subject to all taxes at your ordinary rate including self employment tax I believe. 

This part can vary by lender...banks and more strict lenders might require 1-2 years of receipt at the new job, while some lenders who underwrite directly to the agency guidelines (like us) only might need to see 1-2 paychecks to show that stability.If your new job will be 1099, then that's a whole other story, you will become self-employed and will need to file 2 years tax returns before you can qualify, and your qualifying income will be your net taxable income (after deductions). 

Plus the government and some employers may step up to help.

NO DTI, Employment, or Tax returns and we generally offer borrowers higher LTV across the board.

My son had an employer make an ssn error and they actually took 2 years to fix so we assume on some databases he will come up for those years to have a history under his name and wrong ssn.