We use SmartMove by TransUnion for credit and criminal background checks. 

It amazes me a party gets you a certified letter but I have to read the police log to uncover serious offenses.

If the bank goes under the FDIC can also go after the committee board criminally in some cases and it has happened.They want FULL UNLIMITED recourse against the borrower. 

Having a subscription to a public records background check is very handy and for a minimal fee you can run background checks on the Sponsor including but not limited to civil lawsuits, criminal records, liens, judgments, bankruptcies, etc...

. - No open Bankruptcies - must be discharged 3 months prior to application- Criminal Record - no sex offenses, domestic violence, property damage, violent or fraud offenses - I don't include anything regarding current bills, credit score, etc. 

I will not take an offense here. it might just be part of the due diligence in KYC- know your customer checklist.

No criminal background no collections.

No offense but if you don't have enough for the down payment what makes you think you'll be in better shape when you own a rental and your tenants water heater leaks or boiler goes out?

The bigger the buffer, the less likely they’re going to stiff you on the last day of the month because other bills got to them first.The next piece of the puzzle is the criminal record.

I liked the site and the price ($60 for 2 tenants which included past address history, nationwide criminal record search, eviction records, and credit report with credit score), but I did not like that they would not give me the report until the tenant logged into their e-mail and authorized the credit/background checks even though I had the tenants' social security numbers.