Keep abreast of the latest fraud techniques and adjust your criteria accordingly.Educate Your Team: Ensure that everyone involved in the leasing process understands the signs of application fraud and knows how to react when they suspect fraudulent activity.Legal ConsiderationsWhile it's important to be vigilant against fraud, it's equally crucial to conduct all screenings within the bounds of the law.

They're bad enough if you're a vigilant homeowner, but I would never leave one in the care of a renter.

@John Cooper when you or someone you care about is living in the home it is important to be extra vigilant in choosing tenants.

Always approach such claims with a critical eye.This education has potential, but like any tool, it only works if you put in the effort and stay vigilant against common pitfalls.

Its a tough subject because logically, they are joint and several guarantys so rationally a 100% guaranty from each of two people (one 740 one 680 for example) is ALWAYS going to be better than just one 100% guaranty from someone at 740 (so it wouldn't make sense to have a better rate for the latter)The problem is that there is fraud and "straw borrowers" out there where someone who is not involved in the property signs on to boost score and terms - so many DSCR Lenders in response either do the "non-rational" thing and price to the lower to avoid the fraud or use the higher of the two (and either be a little loose with things or just stay vigilant on any funny business)

absolutely... but be careful... be smart in what you invest in... trust me my friend https://www.biggerpockets.com/...take warning ... be smart... be vigilant

You're already in so hope for the best but be vigilant for any sign. 

@Jessica HellerI haven't done one, but from what I've seen you need to be HYPER vigilant with your cash flows and payments, for all your expenses. 

@Tyler JahnkeWell dang, Congrats on 2 purchases all within a few months apart, are you all in cash on both properties or financed on 1.86k for a 1k rental seems good, after a few rehab would still beat the 1% rule.I've tried to direct commenters on MI's Youtube channel to check out BP Morris Invest, but I think the comments get removed lol.Anyways stay vigilant and seems you've got past some of those rough patches.

We (mods) will have a trainload of spammers, and all of us are doing double-time clearing things off, and all of a sudden it will get real quiet and we can go back to doing things that are usually more fun like posting and reading threads, which doesn't mean we become complacent but does mean maybe we're not as vigilant as usual.