We're also beginning to see more older, 65+ applicants who are being forced to cut expenses to live comfortably.

The current tenant has been in there for 3 years and is always right at the last day of the grace period with her payment, she struggles to make the current payment of $1750 and is probably at her max.I know she will say she wants to stay and will agree to an increase but I doubt she can afford it.I'd like to treat her like a prospective tenant and require a new application to have a better look at her finances.

If they wanted to put in an application, I gave my email out to the people at the open house only.

Every time I fill out a loan application they say the numbers don't make sense and that there's no profit for me.

@Jd Martin Hi, I take Section 8 all day, but also accept the need to do heavy, consistent screening of all applicants. 

There are some Canadian banks that have US subsidiary banks or branches (TD, RBC, BMO) where Canadians can get residential mortgages but usually there are substantial restrictions such as only servicing specific areas of the US, having to own the property in your own name rather than a company name, only applicable for 2nd homes (rather than regular rentals), not applicable for multifamily properties, etc..

You can get some great deals by completing the tax deed application on tax lien certificates obtained by the county. 

Oh, and you can't use a sale that occured AFTER the persons application began...a small detail but just wanted you to be aware of it.  

You may also find that one strategy lines up with your goals at one stage of your life and then your goals change where another strategy may be more applicable.  

One person stated, since they don't meet criteria: I see my credit score came in below your minimum requirement2- If they fulfill screening criteria, schedule a tour and then handout Rental Application, if they are interested and after their consent, use https://rentprep.com/ or https://www.myrental.com/ for tenant screening.3-If everything checks out and all good, ask for security deposit, use a lease agreement(addendum) along with RentPrep Move-In-Move-Out-Checklist and lots of property pictures and handover the keys.Is there any other key step or detail which I have been missing?