I’ve been working as an independent contractor physician since Nov 2015 and had two years of income tax returns and had to submit recent pay stubs and bank account statements to qualify for the FHA loan.  

I have seen legitimately better and worse by a wide margin as local area rents / utilities / taxes / building services each play a big role.Also, from a landlords perspective, it depends on what gets passed on to the tenants (e.g.

Growth: 0%Renter Population: 30+%City Description: The city is the service hub of the county, it contains all the big box stores as well as a struggling downtown.  

I have a local pest control company service 5 units for mice every month

Once again, a profound illustration of the importance of financial independence.

However, independent of the painful schooling I've had being a long distance landlord (I refuse to hand it over to a prop man co), I've managed to turn the property around, literally doubled the rent from when i bought it, significantly improved the tenant base and have updated, renovated, and flushed out most of the poor workmanship the property has suffered over the years.

Many times when borrowers are current, the servicers do think everything is alright.

They are a great service to use once you really get going with a large number leads.

Using their services and paying them for it?

That last question is good too but I would not totally rely on the current owner and check with a local professional service or verify it myself.Who the hell is this guy anyway and why should I rely on his answer?