Therefore, if you purchase a property that matches a specific segment's housing requirements, you can expect most applicants to come from that segment.How do you determine the housing requirements of a segment?

Hi Bob, hope this helps: ✅ Estate Property Hard Money Loan — Quick ChecklistPlease confirm or provide the following:🏛️ Authority☐ Probate opened or property held in a trust☐ You are the executor / personal representative☐ Letters Testamentary or Letters of Administration☐ Death certificate🏠 Property☐ Property address & occupancy status☐ Estimated as-is value☐ Estimated after-repair value (if applicable)🔨 If Repairs Are Needed☐ Brief scope of work☐ Estimated repair budget👨‍👩‍👧‍👦 Estate Details☐ Number of heirs☐ No heir disputes☐ Purpose of loan (repairs, buyout, estate costs, sale)📄 Closing☐ Title company or probate attorney (if known)☐ Exit plan (sell or refinance)

- REQUIRE each applicant fill out COMPLETE 2-year working history!

In MA, it helps to be a little more structured than that.Here’s what I recommend focusing on:Income verification + pay stubs/bank statements (document everything)Rental history (prior landlord references + payment history)Debt-to-income / affordability (helps avoid issues mid-lease)Consistency across the application (missing info, mismatched dates, etc.)Biggest mistake I see: rushing screening to avoid vacancy… then paying for it later with nonpayment, damage, or constant drama.Always use consistent screening criteria for every applicant and follow Fair Housing guidelines.

What software are you currently using to track income & expenses?

I manage a bunch and even my most rural property had 15 applicants for cleaners.

As long as you are covering your expenses when you leave and rent it out - that is usually a win.Focus on: 1.location - strong location means stronger appreciation, stronger rent demand, and higher quality applicants.2. layout and features.

We offer a quick application and it’s collateral-free.

It is rent reasonableness plus payment standard.Buy at a price that still works even if you are slightly under the max.Micro location matters even in voucher marketsDo not assume “it’s Section 8, location doesn’t matter.”In South Suburbs:• School zones• Crime pockets• Proximity to retail and transportation• Block by block conditionThese impact quality of applicant pool and long term stability.Focus on 3 bed houses if the numbers workIn many Chicago suburb voucher markets, 3 beds have:• Strong demand• Higher payment standards• Better long term tenant stabilityRun the numbers carefully on taxes though.

We’re evaluating property management software for a small portfolio: 2 short-term rentals (STRs) and 8 long-term rental (LTR) doors.