This also leads owners to ASSUME simpler is better when it comes to management contracts.

Hospitals don’t vet spouses, and every horror story I’ve seen with travel nurse rentals has come from the non-nurse half of the household.Income can come from either, but verify it.Some landlords rely entirely on the nurse’s contract letter — and that’s fine if they’re the sole payer.But if the spouse is contributing or working remotely, verify their income the same way you normally would.Bottom line:Screen both adults.Base income approval on whoever is actually paying the rent.Use the nurse’s assignment letter as proof of stability, not as a free pass for the spouse.It keeps things fair, consistent, and avoids the “I wish I would’ve screened the partner” headache that way too many landlords talk about.

Congrats on being under contract on your first property, Philip!

The key is to analyze deals at the contract level, not just MLS comps, because the real value often comes from those negotiated incentives.

Even though the nurse is already vetted through their agency, I still run standard checks on any adult who will be living in the home—mainly a background check for safety and basic income verification if they’ll be contributing.If the nurse’s contract alone easily meets the income requirement, I don’t stress too much about the spouse’s finances, but I still verify who they are since they’ll be occupying the property.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Contract management is another area that is often overlooked.

You will likely make multiple offers before officially getting under contract, but that is all part of the process.

Seller agreed to contract price near the high end of comps but with amazing terms. 1 unit leased till 3/26.

I have been a buy and hold investor for some time now and would like to try my hand at a flip but not knowing anything about construction/contracting scares me.