Always offer the tour to avoid the appearance of "steering" or pre-screening based on household composition.When responding to applicant A, keep it strictly professional and data-driven.

Cons: It takes time to analyze data, and market shifts can hit harder if youre not tuned in daily.

Most counties publish this data on their assessor or treasurer website.What to look for:3+ years delinquent (higher motivation)Absentee owners (don't live there, harder to manage)High debt ratio (owe a lot relative to value)Skip trace to get contact info, then reach out directly.

I am posting this here because BiggerPockets is one of the few places where real investors will actually stress-test a strategy and give honest feedback instead of just nodding along.

Being transparent is the name of the game, as it can avoid underwriting issues down the road.For DSCR scenario in particular, lenders would look for the below data points to confirm property adheres to seasoning requirements (usually 90 days) as well as debt service ratioBorrower NameBorrower FICO ScoreProperty Address# of UnitsPurchase PricePurchase DateEstimated As-Is ValueAnnual TaxesAnnual InsuranceAnnual HOA (If applicable)Current Rent per unitMarket Rent per unitLoan Amount RequestExisting Mortgage/Lien PayoffsAny pricing guidance that the client has in particular (Prepayment Request, Fully Amortizing vs I/O, Interest Rate request)

Ask for multiple exit strategies with the acquisition where various models are stress tested.

For a NJ house hack, set a tight buy box near your train line or bus route, run actual rents from listings and PMs, and stress test with higher taxes, insurance, and utilities.

If you are going to invest in Illinois, choose small towns south of I 80 and check out more of our work at www.truthinaccounting.org (FYI: I’ve been a bigger pockets listener for years- it’s fun to stumble upon our work- these conversations are what the data is for!

Check gas valves and test for any leaksRefrigerant Levels: Check refrigerant levels to ensure optimal cooling performance.

Now you have data and a carrot to offer.If she can afford an increase you could approach it like this.Ms Jones, I understand you've been a great tenant and id love for you to stay on...