Hey Rachel, One side note is that Landlord's choice varies a lot but I'd take a look at local listings that do have a professional property manager and review their screening criteria.

The latter will have higher interest rates whereas the former has a 2% interest at my local credit union. 

I don't believe there is a common practice, its going to be dependent on local standards.

v=u79Lxf1GKjE   Here are some videos, For your referencehttps://www.dailymail.co.uk/news/article-13211931/Washington-landlord-serial-squatter.htmlhttps://www.the-sun.com/news/10829162/eviction-housing-washington-protest-squatter/https://www.foxnews.com/media/seattle-area-community-protests-con-man-squatter-leave-rental-house-exploiting-systemhttps://www.dailymail.co.uk/news/article-13211931/Washington-landlord-serial-squatter.htmlhttps://www.mirror.co.uk/news/us-news/community-protest-con-man-squatter-32386211https://komonews.com/news/local/bellevue-landlord-plans-protest-rental-home-eviction-notice-tenants-rights-nonpayment-rent-123rd-ave-se-housing-justice-project-hjp-writ-of-execution-court-state-legislaturehttps://twitter.com/choeshow/status/1769071379658551783https://x.com/choeshow/status/1769570234556641427?

Always learn a lot from you regarding local market knowledge and broader RE.Question to all,I'm new to this concept. 

Research local economies, population trends, job growth, and infrastructure developments to identify promising markets.

I bought the properties from another local investor and would like to get a hard money loan for the rehab. 

TN offer OTC, it's extremely benefit to locals that knows the area well.

From talking with a few local folks my take away is the numbers published is the very highest amount you could get and isnt always what you will get. 

Is this a commonly successful approach given the local real estate and rental market dynamics?