Most large corporate companies will not do these shorter periods and will only allow week-long or 10-day rentals, so usually a smaller company will be more workable on this.

In the sense that trailers provide low-income people with the possibility to be self-sufficient and at least some asset ownership, I think he would favor them.

Upon renewal, I would be willing to drop Person A and only have Person B on the lease (assuming Person B meets your income requirements).If Person C wants to move in, that person would need to go through your standard background check and both tenants would need to approve that person moving in. 

Those that invest for income do so for two reasons.

Hello, I was reading the book and was wondering if you can share the link to download the flow chart income/expense. 

A thorough screening process can include background and credit checks, employment and income verification, and rental history review, ensuring that you select tenants who are financially stable, trustworthy, and likely to uphold their lease agreements.

If so, the LLC could be a good route to go to separate the expenses and income from yourself, and treat it as a separate business.2.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If you invest in areas utilizing government funding Blue states will outperform Red states because they typically have more funding for low-income housing available.

Don’t you want/need the SSN for a decent background check and income verification?