(My apartments average over $50/unit over my neighbor's identical units!

I recently inquired about a property that had identical sold comps (likely built at the same time by the same developer in the 1970s) within half a mile in much better condition.

If you don't qualify conventionally, then there are various commercial no income verification products available for single family rentals.  

It is difficult for a condo to appreciate as an LTR and even more so as an STR when there are hundreds of other identical units and you have limited control over the property in order to force appreciation in terms of paint, renovations, adding a pool, adding pulll-up bars, adding a mini golf, etc. 

If nothing else, have a verification of property before you close so you know the job is done right.

Hypothetically if a close to identical house and a condo are in the same neighborhood with the same bd/ba and same sq footage.

I had an almost identical situation with a med school tenant who had bad credit so offered to pay 6 months up front and then another 6 months when his next set of housing allowance came thru.Even with that, he was a bit of a nightmare...was late with the next 6 mos payment and then only had 3 mos rather than the 6 agreed.

. - Sure, if you had deals that were 100% packaged and verified for you, thus requiring absolutely no inspections, number verification, negotiations, or construction cost gathering, you still couldn't do a large apartment inside the loop a day.

Each club has its own identity and rules.

Isn't part of the verification process a bank would do is check with the secretary of state to see the corporation's assets?