How to do income verification for self employed tenants? Looks like they deal with a lot in Cash and no paper trail. Also, this also impact credit score since very little use of credit cards. Any suggestions?
Two years of tax returns is pretty standard for these types of tenants. It would be rare to tell the government that you make more than you actually do because then they'd tax you on money you didn't make.
No paper trail = no apartment. Income of 3x rent should be verifiable before you rent to them.