I got a wonderful tenant that I screened myself for the back house.

He has filled out the application and completed our screening process.

In a nutshell, step away from that screen and go get involved in your world. :)

There are a lot of wholesalers in the area (many of whom are also on BP) who range in quality, but that might be a good place to start looking for deals.

Then purchase a property that will cash flow and rent to a stranger whom you screen first.

Pros - Higher rents than renting to a family, I can pop in anytime to check on the place, if one guy moves out, I don't lose the whole rent, no wear and tear from kids or pets.Cons - Higher turnover (I usually do month to month which also has higher rent), potential for parties (but I screen very carefully so this has not been an issue at all), parking, roommate drama (rare with professionals).Just another option to consider.I'm a mortgage lender myself and I wish we had a 90% product like that MACU loan!

Anything longer and they need to complete the application screening process and be added to the lease.

This way you can properly screen them and establish a clean /proper lease.

(I am not affiliated with this podcast, but really impressed with the quality of their podcast and the info they are putting out there).  

. $75-$80/sf overseas (high quality)-loan service costs are cheaper in US vs overseas…-reselling in US is much easier vs overseas-maintenance people, managers and operation costs are way lower for option 2I know that these are very broad different scenarios with a lot of variables…however I am trying to see if I can get some feedback.