I posted this just a few minutes ago in a nearly identical vague post like this:I see a lot of questions like this, I would start with something that you do well already and compare this to that.

ARV is a little difficult as this property has nearly no near identical "comps".

We do private equity placements within our investments but in this case would consider a TIC arrangement as the asset is nearly identical to your requirement.

I also don't like the idea of the hostility of living next to someone I just increased their rent by $500-An identical unit down the street sold earlier this year for $469,000 in February.

Lo and behold our house's value is identical to what it was last year even though our recent valuation (also done as a refi through Chris a few months back) doesn't match that number...like he said those numbers don't matter.

A full gut in Port Richmond or West Philly is not going to cost the same as a full gut in South Philly even with an identical sqft. house, and a rental rehab will cost significantly less than a flip rehab.

What is the best way to verify their identity and run a background check? 

If you wouldn’t buy the identical house for a rental don’t keep the one you already own.

I have a person who qualifies on paper that I gave a showing. They asked me to email them an application, which I did. It became more clear this person may be mentally unstable. They expect an immediate response but I...

As you can see by the interior photo, the house is in great condition, with the rest of the property in identical shape.