@Juan Pardo You are not allowed to to anything with the property unless you foreclose or get a deed in lieu.

Employment verification checks out...at the moment no other applicants unfortunately, 

I live in the beautiful city of Carmel, IN. I'm originally from Ecuador and lived in Los Angeles before.
I am a software developer and I have a passion for computers. However, my team was let go about five months ago...

[AND] You are caught off guard by this...There are owners in here who would not be at all caught off guard by this--because they understand their renters.Now you want to "Go Toe to Toe" with these people you seem to have very little understanding of as a front line Manager.That's all I have to say.Maybe other's can get more in to the meat and bones of the problems--I'm just addressing it globally. 

Stick to your criteria, if it includes landlord reference, background check, and employment verification, and they won't provide you with any of that, don't even think twice about considering them. 

Follow your screening process (credit score, background check, employer verification, etc) and if she meets the standard it's fine. 

Who would want to to waste that researching the basics...not I that's for sure.

@John Nachtigall to be clear, the company  you are referring to above is not ERentpayment, but the company they outsourced to to collect the funds, called something like eCheckit?

If you can get $1600 a month as is, how much would a smart renovation 1) increase what you could collect in rent, and 2) provide force appreciation (equity) to to the home? 

I think Realty Mogul is 506 (b) which has less stringent verification standards.