The MLS is all you really need to start with IMO, but I know that in our region, one system is not identical to another so there may be different levels of data available, really depends on how strict the Board and brokers are in getting agents to input information, IMO.However, I'd think that searching by zip code is just the beginning as you really need to target in much closer than that.

A few docs off the top of my head;Authorization to ReleaseInsurance Cancellation RequestLetter Appointing ManagerTitle Holding Trust docsLoan Info Worksheet (Loan verification)Power of Attorneyas well as a disclosure to the seller stating that you are buying it subject to and that it may be called, that it will remain on their credit, and that it could result in a foreclosure - basically, a release similar to what the doctor has you sign which states he/she is going to do minor surgery on you, but you may die and that you should be aware of that worst case scenario going in.Again, tricky deals to do correctly.

My banker said she had never heard of his company, she even checked with the main bank, but they was in a meeting, but she suggested I give him the fax number to send a letter for deposit verification and I would have to sign it.

The borrower must be listed as an owner of the account and the account must be verified in accordance with B3-4.2-01, Verification of Deposits and Assets.

An ideal comp would be an identical duplex with two 3/1s, exactly the same size, ranch, no basement no garage right next door that fixed up into pristine shape and sold last week.

Anyone can fake a funds verification if a little savy on the computer.

With phone verification and all it really would suck to lose those accounts.

I noticed the new one (identical faucet) was much more heavily built than the old one.

Would you be willing to reduce that minimum 25k profit if you could flip 3 identical properties that are all side by side?

If you wait for the reinstatement verification til Wed and/or if you find out that the income just won't be enough to let him catch up, I'd try to arrange getting the tenant to vacate without an eviction.