@Stan ThampiThese were the qualifications that we messaged people before they came out to look at the unit:Have a credit score of 600+Have no prior evictionsHave no felonies within the last 7 yearsHousehold gross income greater than 3x the rentAnd then when they wanted to apply, we had them go through Zillow.

And the loans would show up on the credit pull.

What's better a higher amount of line of credit or a lower interest rate?

I would not necessarily give credit for the rent already paid on the furniture because it took time and effort to procure the furnishings and it was a convenience for your tenant.

Basically I'll be credited $5k next year and now finding out it's going happen next year in 2019.

Also, that criteria will miss some people that actually do have equity - the most common case being people having unused home equity credit lines (HELOC), as the computer model has no idea what the current balance is, and many are zero, but the computer models assume the worst case that the credit line is maxed.Hope that helps.

I was able to get that in Dayton Ohio on a portfolio of 13 doors from a local credit union.

Accept credit scores down to 5002.

My credit is shot (currently working on it but it'll be a while) and have only a little over $5k.  

@Daniel Byrd, one less thing to worry about, find out everything about the tenant, all documentation should be available to you including the proformas, including tenants credit report and payment history, if they cant provide the docs, move on.