The down side to this community is that the 1% guideline would not be applicable here...

You will need to file a application with the buildings department.

I'm not sure if their story was true or not but if it was they are idiots for thinking they could rent a house without ever seeing the inside first, not filling out an application, not getting a lease, not getting keys and the house not having utilities on with"all utilities included."

At bare minimum, assets are confirmed by using a 1003 Uniform Residential Loan Application.

Long story short, the owners currently have a legacy version of Yardi and they would like to upgrade to a more modern, internet-based system.Two questions:1) What would BiggerPockets' recommendation be on new software?

I explained this to the guy doing my initial application processing after he read the estimated closing costs.

There's nothing wrong with focusing on section 8 as long as you use the same screening criteria you use with every applicant.

I am currently waiting for my real estates license application to be processed so I can begin officially in the industry.

ITs simply a company aggregating credit cards for you.. finding you one's that have introductory zero interest fee's... they charge from the adds I see on the marketplace about 3 to 5k for this service and one of the companies requires you to travel to Dallas and spend three days or so filling out applications or something like that.

The higher end places usually net an applicant/tenant pool of a higher caliber, though.