This flattening out of the cap rates would occur if the market place for the higher double-digit cap rate properties and the market place for the lower 3-6 cap rate properties in Los Angeles consisted of the same set of buyers.

If they print it then scan it then email you the scan (vs the actual digital original document), pass.

How I managed: collect all rent via Chase bank deposits (not everyone had a bank acct. for digital payments), electronic leases, and would have a list of vendors service the property if there was an issue.

Meaning, I would go full digital as a realtor and work mostly out of my car. 

Omg, had to post the update, I went to collect the rent and turns out the tenant had needed the $ to go to the casino because she "needed to screw". 

We use a digital lock box in conjunction called Codebox.3.

Don't fall for that one - you'd be surprised what a single letter on a name or digit on a date of birth can do to a records check - that's an old-school con-man trick and if someone can't remember how to spell their own name or what their birthday is, it's a hard pass for me.Both your applicants are borderline in terms of income with a rent that high.

If she's not on board for the true cost of that additional revenue - in time, hassles, drama - then it isn't worth it.Kind of like when I worked at a casino and learned that the valets are the employees at the casinos who make the most money - but - they are literally running their butts off all night long. 

The other thing I don't like is that I would not be given their SSN, just the last 4 digits. 

Go to a casino.