I spent 6 months in Dublin 1981 during Bobby Sands and Hunger Strikers ordeal, not fun.But onto building a business.Watch the crowd, go in the opposite direction.I am coaching agents to do lease option assignments all over the US.Inventory is low.45% of buyer's applications are turned down.realtor.com says New home sales are up, low inventoryhttp://www.realtor.com/news/january-new-home-sales...Many agents if they do what they are doing now will be tending bar.Get into helping -Sellers sell with top price on Lease 2 Own, no commissions, no closing costs except for 3%.

I went through the application process and was pre-approved which I figure most people are but maybe I'm wrong there.

At the time of application, I specified the intent to subordinate the lien under the new mortgage and also checked with my local bank to make sure that it wouldn't be an issue.  

Probate investors...Do you send DM to probate leads where the applicant (executor) address is the same as the deceased address? 

The typical banks could care less, the employees are lazy, red tape, I have 800 FICO score, I would never get loan through traditional bank again.

I never turn my back on applicants..I always walk behind them, show in the during the daytime hours, get there a bit earlier than the appointment to open the door & turn on all the lights.

Sometimes with our younger applicants they will have 0 credit, which just means they do not have credit cards in most cases which is not necessarily a bad thing.Does your report provide specifics such as derogatory credit and non-derogatory credit?

Not bad.Until a buyer walks in and sees poor cut-ins, streaks, uneven applications, etc., and they decide that because of the quality the house is worth more than $2000 less than market value...And, if you can teach someone to paint like a professional in an hour, you could be making a lot more money teaching than flipping houses! 

If your prospects for getting more qualified tenants are reasonably good, I would reject their application.  

Fix soft spots in floors (3/4" osb)  Windows - caulk and plexie glass, Roof - rubber, if exterior is trashed new siding on ferring strips, and white paint interior, carpet (no pad just glue).Make sure 3 things work perfectly: electrical (may need to update), plumbing (pex lines with heat tape wrapped in pipe insulation, and furnace (don't slack on this).These tenants want to move and thins to work.