How do we check the tenants credit report?

Make sure you vet multiple property management companies, be careful, understand their fee structure, how they do reporting, etc.    

In this case, I would imagine that it might be difficult to prove that the Seller meant harm, or falsely reported info.

It’s hard to say what will be required and what might be overlooked.If the property is in rough shape, assume that the landlord knows what’s coming and they don’t want the headache.I’d be looking for a bargain; factor in everything on the report when you complete your home inspection as many of it might need to be fixed for the city.

So, your reported net income on your tax return will be less. 

Unfortunately if water is included it tends to be abused and leaks aren’t reported as quickly as if the resident were responsible for the bill.

View report*This link comes directly from our calculators, based on information input by the member who posted.would you do this?.

They say that Husband is out of work due to Covid, but in background reports I see no employment history for him.Together they don't make enough to be qualified.

Median household income reported by census only measures wages.

Hi @Rubin Thomas, Joint Ventures are generally treated as partnerships for income tax reporting purposes.