Your organization should have a "collection policy" that outlines the steps you will take and when you will take them.

Since HUD allows no repairs(It is a felony to do so) prior to closing, this scenario happens quite often

@Maranda RobisonYou can not sue yourself or seek damages for your own Error or Omission under your own policy. 

I ask for current & prior addresses, current employer, and take home pay. 

I review their records and conduct a detailed inspection of the rental prior to renewal.

If it is not feasible to visit the office and you have to make an online purchase, always verify there is a good return policy:) 

Only read those from the past couple years, Dodd-Frank had changes so comments prior may not be applicable.

I was paying for separate liability insurance in blocks of 5 homes per policy.

Also later I will issue the title policies for the lender and buyer and send those out.

If you told the IRS that you netted $3500*52/12 = $15k per month over the course of the last two tax years, we would start with that number, do some wonky math, and come up with our own number for what you make.If your DTI is tight, you kind of want to drill down on that PRIOR to it being submitted to underwriting.