Many banks won't approve a short-sale to an entity.

In my markets, there are more tenants then rentals so we can pick the cream of the crop (over 15 applications in 4 hours from a sign in the yard, had three approved tenants from that batch, picked the best one).As time goes on, your screening process will develop, the markers in your application will throw up flags for you.  

I sometimes approve people on the spot after I check their rental and criminal history on my phone.I usually avoid carpet because it usually doesn't last long inside a rental.If the house isn't rented after a couple of months and there has been little or no interest, you will probably have to lower the price.

If you tacitly approve of him being there, that can be interpreted as legal approval for residency, but possibly not for seeking a judgement against him.   

I've been laid off (again) for 3 months now and have been getting approval from pinelands and township for demolition of the house and just the other day was approached by a guy.

Bill thank you for reply,We are not really looking for a hard money here, we have our own reserves which we could use with a bank loan approved at 5%.

Month to month rental agreement states that anyone that is there more that 10 days in a 6 month period needs to have written prior approval, or breach of agreement. 

The only reason I even list my houses before they are dried in is because my bank will not count a pre sale against my pre approved 12 loans I can have at any time ...

Because the SBA Lender’s approval is subject to different factors, i.e. a lender might be pessimistic about the borrower's industry or may have recently suffered losses in the borrower's geographic area, it might very well happen that although the borrower is fully qualified, he might still be rejected by the SBA lender.The following situations necessitate the use of a private money lender instead of a SBA lender:The buyer’s credit is spotty.The buyer’s company took a hit during the Great Recession.The seller has offered to carry back a second mortgage.

@Ceasar Blackman  As soon as my application is approved i didn't no any better and took the 63 hour course before sending off my application.