My tenants have bounced paper checks and also bounced electronic payments done as ACH transfers via a popular online rental management software. The 3 to 4 day delay on a paper check or ACH transfer is hard for them t...

See what methods they follow and how professional they are.

@Jonathan R McLaughlin I will just go with FHA.

I launched my company in late 2018 as a means and method to help educate jurisdictions to what tiny houses are and what they are not.

Additionally, what are you preferred methods of financing for lower cost properties such as these?

Greetings BP community, If you miss the old calculator like I do, and want the Beta testing of the new calculator to go the way of the dinosaur - Please leave feedback for the BP support staff at the following link:  https://www.surveymonkey.com/r/FG67VKL(I understand that we can still use the old calculator for now - let's make sure that it stays that way!)

@Jonathan R McLaughlin I do not have such a letter but I have the previous lease that they signed which indicates no deposit was paid.

Traditional methods with bank

So I would absolutely not able to invest in a foreclosed property for long-term rental due to various reasons.I know that with foreclosed properties for long term rental, the main benefit is the Refinance in the BRRR method for long term rental properties.  

Another common ranking method is to factor appreciation over 1 year (which is a ridiculously short period).