In this case, their application had missing information (no previous address to verify).

A letter from your banker would be fine as long as HUD can verify if they decide to.

Prior to him buying the car, his credit was very good, which is how his credit report reads and this was also verified by a previous landlord.I'm inclined to go ahead and accept them, but ask for two-months security deposit, which they said they are willing to do.

It sound like the sites are grappling with how to handle this, as it might be interpreted that the investor needs to provide financial evidence or proxy signature (lawyer, CPA) of accredited status every 90 days if one is going to participate in a new deal.I can see how participation in a deal would require accreditation verification, however verifying just to *potentially* participate in forthcoming deals could be burdensome.More to follow…My caveats: (1) I have no undisclosed special interest in any particular site. (2) My findings are that of a user and may not accurately reflect the explanation you would get from the website company.

So I was hoping there was a way to verify I was right or wrong about my feelings.

Never accept seller's figures or from a listing agent, verify and then trust.2.

I could be way off those numbers so you'll need to verify that.

Will be sure to verify.

If you have very solid references or a good way of verifying the legitimacy of the person you are dealing with, that might turn out okay, but I think the ARV is trivial compared to knowing the "joker" you are dealing with can deliver a satisfactorily completed rehab.

Have you verified that the expenses are accurate and the taxes and insurance are what you would pay based on your purchase price?