I think most of them pull loan data.

A licensed, FCRA-compliant screening agency can handle this for you and give you clean, decision-ready data.Here is what most seasoned housing providers lean on today, instead of DIY document review:• Direct-source income verification that pulls income data straight from the applicant’s benefit portal or financial account, which stops altered documents at the door.

Doing so gives them more time to meet the short-term rental material participation requirements — and helps avoid the risk of taking bonus depreciation with a cost seg study only to have all that depreciation become a suspended loss if the tests aren’t met.

What data was this figure calculated by, exactly? 

Bonita Springs Unit — Strong Cash Flow, Higher Long-Term Risk Pros: • Attractive entry price at $223K • Strong tenant demand confirmed through your FF test • Seasonal rent potential around $4,000/mo • HOA fee of $460/mo is reasonable for the area • Not in a flood zone • Solid reserves ($480K for 78 units) • Strong cash flow potential Concerns: • Low occupancy rate at 41%, which may affect resale value and certain loan program eligibility • No designated parking, which can impact long-term tenant satisfaction • SIRS and milestone inspection requirements — these can lead to future assessments under Florida’s newer condo regulations • HOA leadership uncertainty — estimated increases are rarely accurate This property offers compelling cash flow today, but carries more long-term structural and financial risk.

Build a comp packet and challenge the appraisal.Appraisers do revise values when presented with clean data.

Also, the oxford house has strict rules for each tenant with 10pm curfew, weekly drug testing, weekly required AA/NA meetings, and required job/school. 

Two quick moves: pick one lane for the first deal (simple buy‑and‑hold or a light rehab) and set a tight buy box so you’re not chasing Austin and Shreveport at once; then sanity‑check rents and expenses with a local PM in your chosen market before you underwrite anything.Given your $25k, which market do you want to test first, and what’s your buy box for that first property?

Two quick moves: pick one lane for deal one (simple long‑term rental or a light BRRRR) and set a tight buy box in one market so you can underwrite 5–10 listings a week and sanity‑check rents with a local PM.Of Indiana, Kansas, Alabama, and Pittsburgh, which market do you want to test first, and what’s your initial buy box (beds/baths, rehab level, rent target)?

Have a good (court-tested) lease in place3.)