As a side note, programs like AppFolio make this very easy by integrating credit and background screening into the application process within the portal. 

One of the interesting things to see is programs that go away and come back depending on appetite or comfort levels in the market by the banks. 

This criteria is for 1-4 and 5-8 unit programs.

To help better understand DSCR loans and what goes into rates and programs, please see below: DSCR loans won't use your income to underwrite the loan. 

And then recruiting (sorry, I don't know a more correct word for this) people into a tribe/community thing, because these people wanna become succesful REI and it's a whole program to get em there, right.

Of course sometimes Citizens (or NCJUA) is the best option, but I personally want to treat those programs as they were designed, as the insurer of last resort. 

Section 8 and other voucher programs have an inspection the property has to pass before the tenant can move in.

There are lots of real estate training programs out there.

Im thinking of doing it.uote from @Rissa Collins: Not sure what anyone's problem is with John Jackson's program, but I have had it for a couple years and use it all the time.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.