Inbox me if you'd like to see it)I contact employers, current landlord & past landlords I make my decision based on all information collected and my qualification standards (Brandon Turner talks about Qualification Standards in "The book on Managing Rental Properties"It's good to have a standard practice of evaluating every applicant the exact same way, so I wouldn't say that you necessarily have to run a background check / income verification on every prospect, just make sure that if you don't, it's because something disqualified them before they made it to that point in your screening process.As for the adverse action letter...

i help folks solve issues from this practice on a daily basis.

Reopening decision will not be based on facts but will be determined on past practice in your jurisdiction. 

Hello,  Wanted to know what are all the documents to collect after a loan payoff. 

I need a legitimate and convenient way to collect rent online.

He's been practicing RE law for decades.

Then just keep running analysis on every property you see anywhere just to get the practice, decide what kind of deals and numbers you want and stick to them.

utm_source=email&utm_medium=email&utm_campaign=emo-sendtofriend-hdp&rtoken=f8e8cae0-6504-4b77-955d-a4d46f9ef4cd~X1-ZUwc7v4kuhxiix_82rpgMy first assumption is that the holding expenses I have collected are off, but I am sure there could be a myriad of things that I am missing.

Hoping to collect rent, pay owners, automate everything possible.Thank you all in advance!

I wouldn’t do it....you spend the money to fix it up, someone is going to feel like they got the short end of the stick.....either you rent it and collect money forever or they need to sell shortly after.