Even if someone doesn’t have much credit history, you still want to run a full application — credit check, background check, income verification, and rental history.

If you need tenants fast, then go with someone with a bunch of applications on files. 

From my experience you can say that the fastest progress comes from pairing up with local investors who are actively closing deals with weekly accountability.Good luck!

When you’re dealing with an applicant who reports zero income, the real key is figuring out how they actually plan to cover rent without relying on guesswork or homemade paperwork.

Wouldn't increase the minimum if you want a variety of applicants to choose from, but can def charge more for 30 day stay vs 90+ 

Re: how do i plan on structuring my investments to give me that flexibility, still a work in progress!

Seeing progress in this tough buying market?

Leasing & ScreeningHow do you screen tenants, verify income, handle vouchers (if applicable), and set rent pricing?

Builders risk coverage during construction, understanding allowable vacancy periods in the policy and securing vacant property coverage when applicable, and always maintaining general liability coverage alongside the property policy.Umbrella coverage is simply excess general liability coverage.

You will still need cash for a down payment and to kick off renovations, though — most hard/private money is reimbursement-based, so you front the initial work and get paid back as you progress.