Before you cam be a member the bureau will basically vet you as to knowing what you're doing, fair credit reporting practices and the nature of your business.Unless your rents are collected by a member property manager as Steve mentioned your only way to ding credit is by the eviction process which is picked up through legal notices as Bill and Duncan mentioned. :).

We use to have an accountant who practiced out of one of our properties.

Also dont let your sense of "doing the right thing" overpower your sense of being practical.

The way Joey does something may be illegal, unethical, or just bad business practice and Joey may have been doing something for years, just being lucky.

You would then either have to correct, or pay for the basement tenants to relocate.2.

I've never actually done a double closing so my example is more from a mechanical standpoint rather than a practical one.

My husband and I are both very spontaneous and I am already finding value in this community to balance us with practical, calculated moves.

Short sales and REOs are practically over.

You will be met with skepticism from critics who practice traditional financing usually real estate agents, attorneys, your friends family and the like.

My point is not that these are hard rules but that the documentation has a different feel.You can then use what you've learned is common practice in your area and search for those documents suggesting a major life event has been triggered.