.*4.5 acres of flat, clear land inside the city limits of a town in Missouri with a population of around 50,000. 

You can hire a PM company to complete the Tenant Placement portion; My firm offers this at $2k flat rate. 

Totals come to 6K-11K/mo.What do you do to screen Self employed applicants?

I bought stessa thinking that was going to help w screening.

Curious how others think about this.I’ve had screening reports come back looking fine, then later found gaps once I started verifying things myself.

We are now in a period where we don't want to close until its vacant (except one tenant we have screened and trust) so pushes closing date to July 1.

───The headline number that surprises people:Out of 137 properties I screened this week (3bd+, $100K–$300K, across the metro area), only 19 of them — 14% — produced positive cash flow under a standard buy-and-hold model.My assumptions: 20% down, 7% 30yr fixed, 20% property tax reserve (Michigan millage rates), 8% property management, 5% vacancy, $150/mo maintenance.

If you find a good 2-4 unit in Beverly or Salem, the long-term hold is solid because appreciation has been consistent even in flat years.One thing: don't underprice your live-in unit.

If anything, a concerned owner would want to have a clear understanding of a PMC's screening criteria and fully understand the process - which we originally posted. 

If do ourselves, wondering if a quality handyman, basic management software, and resources for an OH lease and tenant screening framework would be sufficient.