Actually, the language states that landlords can not use past evictions against applicants again.

It is the incorrect application of that information that can be a major problem.  

What they forget to mention was exactly why these applicants were denied.  

type threads is because no one wants to publicly talk about when they had a loan application denied (thanks for sharing, Zach!). 

I can't see the application in flipping, where liability insurance would be more applicable (when owning the property). 

I don't know if this is applicable to you, but we've found that the yields that are achieved with MHs can be obtained with SFHs in working class neighborhoods in some urban areas.

It would be used for commercial financing application to a commercial lender.

But I would still pursue the action to get a judgment, so that the next landlord who gets an application from this tenant will be able to have good grounds for rejection.

Without some conduit there is really no way to put your investors on equal footing to participate in the manner you described.I suggest too that you check on your State's applicable laws regarding securities and offerings,it sounds like you may be dealing with sophisticated investors under SEC requirements, you certainly want to avoid SEC requirements.

Make sure you have a rental policy written that specifies what are you looking for in an applicant - i.e. score 650 and above, no outstanding unpaid bills (cable, cell, utilities etc).