In my mind it is a small cost to the landlord that doesn't add up to very much agains the bottom line and can deter applicants from applying (both the cost and the hassle).We used the inexpensive screening service that our state landlord association offers and supplemented it with our own calls and checking. 

I'm coming from the build and hold, short term rental, and commerical space mainly in partnership with someone.

Hamidou, this is a really common situation with MTRs, and honestly, a lot of people oversimplify it with that “you don’t need to screen nurses” advice.Yes, the nurse is usually solid — they’re background-checked by the hospital, the staffing agency, and sometimes even the vendor management system.

Credit score must be a minimum of 650. - Applicant must receive positive references from all previous landlords for the previous 5 years. - Applicant may not have any evictions or unpaid judgments from previous landlords. - A background check is conducted on all applicants over 18.

This is how I got started: I bought a home to live in, fixed it up, and waited for some equity to build before buying my next single-family home and renting out the first one.

Quote from @Carter Ledwith: Great point on the goal of balancing speed and safety.

Outsourcing and balance is key.

I am interested in multifamily and small single-family homes. i am "researching" potential investments in either Co, Nm, and El Paso Tx but I'm open to any suggestions.

I'm David and new here.

My team and I own multifamily out of state and locally here in the Minneapolis/ St Paul area.