Bumping this thread.

The most efficiently do this is to outsource that vital task to a consumer reporting agency (CRA) that specializes in background checks and here is why:  A CRA must conduct Fair Credit Reporting Act (FCRA) compliant background checks.

Have a 3% earnest money refundable if you cannot get a mortgage after 12 months.Before signing I would do a property inspection report and be satisfied with the current conditionLastly, to prevent the seller from not paying the mortgage, I would use some kind of payment collection company like www.notecollection.comIf you do not have the 3% for the lease purchase arrangement, I would try to get a lease and a ROFR, A right of first refusal, so the landlord will not sell the property from underneath you.

Nevertheless, do not worry about little road bumps that try and stop you along your way.

They also help with state specific leases, maintenance reports, it shows them what day they have to submit payment for it to be in my account on the 1st.

I am not a fan of the traditional management model, where I get monthly reports, and am specifically looking for property management/manager that uses an online portal for the property owner (i.e.

He and his family have been very difficult with the move out;  his son has told me he will break back into the house (filed a report with the city police dept and informed the tenant of his son's threat and my report), he insists that they "took excellent care of the house" and is expecting his full deposit back. 

Ask for their reporting schedule and make sure the schedule is frequent enough for you and the reports are detailed enough for you.

That's incentive enough to report erroneous expenses to reduce my MAGI as I may reap the benefits. 

Census data is very interesting (for example you can track rental rate increases and mixture changes down to the zip code level along with reported expenses for owners for a zip code to assist in evaluating out of your area markets, but of course this takes time to put together in this way for all MSAs even if you already know a few you wouldn't go into due to expense).