A proper screening process should include ID verification, eviction & rental history, criminal records, and verified income data to ensure the applicant truly qualifies.At the end of the day, accuracy is the most important factor—without it, even the strictest screening criteria won’t mean much.

Hey @Saurabh Kukreja, we use QuickBooks Online for all of our Clients (REIs) and I use it for my personal businesses/rentals as well.We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

Better Tenants & Higher RetentionThrough thorough tenant screening and responsive communication, property managers reduce turnover and vacancy costs, ensuring a steady income stream.2.

It includes manual reviews, ID verification, and court-level research to ensure accuracy.

However, strict environmental and safety regulations apply to ensure new developments are both resilient and compliant with state standards.

I’m open to paying the $20K to bring the mortgage current, but I want to ensure my position is protected.If the deal falls through, how can I secure my $20K so I’m not left out of pocket?

It might not be as much work as doing both sides, but it still requires your time and attention.3.Negotiation Power: Whether you’re buying or selling, you need to ensure you’re making smart decisions and not overpricing or underpricing the property.

As others have said, make sure you do a full background check and even that will not ensure you are 100% protected (we can tell you first hand about that). 

You should vet the company to ensure they have the resources to pay the rent.You ALWAYS do background checks on the people living in your property because if you let in an axe murderer and they harm someone, you are likely to get sued.Whether or not you charge an application fee is up to you.  

Negotiations focused on securing a low purchase price while ensuring minimal necessary repairs to increase market value quickly.