To address this, the lease will clearly state that any credit will be returned at the end of the lease term.

Quote from @Divya Sosa: Hello,I had a unit up for rental (a townhome) and received an application from Zillow which showed that she has no criminal history and credit score was good as well.

Down payment should be about the same (20% on a buy-and-hold) but you'll see an additional $3-$6k on average in CC and the ability to keep it off of your DTI/Personal credit along with hopefully no more hard inquiries on your credit (many lenders will accept/perform a soft pull).

I was working with Kiavi on a DSCR cash out refi 75% LTV on a SF home in NC that is rented to a long-term tenant.We setup the application, credit came through and the appraisal came through for both value of property and the "fair market" rental value.

However, if you're a W2 high income earner or business owner, I can't imagine it makes any sense to flip houses, mail mass post cards, wholesale, or build lead gen websites with the value of your time being better spent other places (such as learning about real estate and increasing your income through proven means), such as at your 9-5pm or growing your business, and your real estate is a long term process and you don't need "home run" deals to qualify or make it work.

My first ad budget was $295.00 credit I got from my local news paper. 

This is the reason I quit being a moderator because of something that went mildly off the rails in the forums, and then it was completely censored because I responded to staff in the forums after they mentioned me.I think the moderators do an amazing job and should be given more pay or credit or anything.

However, I also have ways for them to pay with cash, card, money order, cashiers check, and personal check.

All of those people also get credit/background checks. 

@Amanda Bradley Tenant sounds like typical Class C with a credit score under 620.How hard was it to find this tenant?