Suresh,Perhaps if you would like some outside perspective on the deal in general, please share the basic numbers so we here on BP can underwrite it with you.Aaron Chapman with Security National Mortgage (602) 291-3357 is my go to lender.

Ask for a rent roll, bank statements showing rents paid. existing lease, tenants original application hopefully with DL pic and social security number.  

If you are flipping houses as opposed to holding rentals you can save a little money on FICA tax (AKA self employment or Social security) bu setting choosing to tax your LLC as a subchapter S Corporation. 

Not only does making the building need to look pretty and field high paying renters, being able to weight the income-approach valuation is important. 

Look through the lease (hopefully there is a lease) that they signed with the previous owner, if the lease seems to be decent and everything is documented like it should be (security deposit, move in checklist, etc) there is a better chance if the tenants are better quality. 

Hi BP fam, After listening to the podcast and doing my research, I was able to secure my first property to do a house hack with.

I have a client who's retired on social security with $1400 a month.

Every now and then, I run into a problem securing photos of properties I get out-of-state, where the property is vacant, and the owner also lives out-of-state. 

How do people keep the process going and secure multiple loans?

You should also get Estoppel Letters from the tenants that verify the current state of their tenancy and if they have a last month's rent or security deposit being held.