I feel like the stats of this path month is not proof of anything.The real question is what happens after millions get laid off?

Special contract and addendum are required with proof of funds for all offers.”

Maybe also require that he shows proof of the utilities in his name prior to releasing the keys. 

Most people who deal with house hacks will tell you they are actually more "recession proof" vs the traditional single family model since you have multiple people paying.

If an applicant has an adequate credit score, no criminal or eviction history, their identity is verified, and they can provide proof of income, there's a pretty incredibly low chance their income is not accurate.

You need proof of the income that you'll be getting from it.

The key (and I've learned this from listening to BP podcasts) is to go to the owner with proof that you can pay, and with detailed reasoning as to why your offer is what it is.

I'm living proof.

I'm living proof.

The IC agreement should list the following to improve the risk transfer from you to the contractor,1)  Listing of insurance coverages and limits required for subcontractor to start work2)  You and your entity being listed as an “Additional Insured” with the subcontractor’s policy3)  Requirement that the certificate of insurance comes directly from the subcontractor’s insurance agent (Too many times I’ve seen doctored certificates with a post-policy-cancellation date or modified limits)4)  Right for you to withhold payment for work performed if proof of insurance coverage isn’t provided prior to starting work