Otherwise, folks would just do one report and just keep editing it for different properties, cheating the system.

Their business model is based on getting money from credit reports and background checks.

Hello @Troy S. and @Steven Rasovsky,There have been a number of local news reports lately about the proposed/planned future for Lower North Philly which includes Brewerytown.   

They're still working out some of the kinks in their reporting systems, but if you want your properties rented quickly at healthy rents and with happy tenants, they can't be beat.  

This means:You must use a property manager; you cannot manage the property yourself.You may not personally do work on the property; a third party has to do it and the invoices paid by the custodian or the property manager.You may not mix personal and IRA funds or the entire transaction may become an "early withdrawal" from your IRA and taxed as such.You must report the market value to the custodian each year.Rental income flows into your IRA, which you can utilize according to applicable IRA rules.

Then she tells me I need to fill out this property tape sheet for the property, fill out a form 1003 and provide a credit report so she can shoot it over to the investors.

Given that you are not reporting income, you would have to go the non traditional route to get a loan now.

However, don't just take their word without having any documentation or reports on your investment.

In order to dump dirt, you need a soils report to prove what the composition of the soil is.

I report their rental payments as well on the credit report, plus I give them a default rent payment if not deposited on the 1st of the month.