Some reports skip eviction data, some truncate criminal history, some don’t verify income properly.Chain of custodyWhen you run the report, you know exactly what you’re reviewing and that nothing was altered.

I would also formalize restoration obligations at lease end and clarify that no further alterations may be made without prior written approval.

This can materially alter opex compared to a multi-family building that requires snow removal, common area cleaning & utilities, pest service and other misc. opex items that may not apply to SFH'sThen there's the reliance on self-reported data from individual investors, many of whom self-perform work, defer maintenance, or ignore routine capex items that prudent real estate operators treat as ordinary annual expenses.

What seems like a life altering event in real time often ends up as a mere footnote in retrospect. yup, we’re in an economic situation where there are much fewer deals in residential real estate that meet investor criteria for a risk adjusted ROI.  

You may also need to rewrite insurance policies, unwind and reinstate vendor service agreements related to recurring services, risk losing warranties tied to work performed before the ownership changed, and create one of the clearest examples of alter ego exposure by moving properties in this fashion.From a financing and insurance standpoint, many common assumptions are simply incorrect.

It is one of the few things that can't be altered and tells a story of their history of paying responsibly.I like MySmartMove.com to run credit and background checks.

Do it right the first time and you’ll sleep fine at night.Avoid DIY screening.Paystubs, bank statements, and references are the easiest documents to alter.

This is recognized as an alter ego.The question investors should be asking is simple.

Those are the easiest documents to alter and put you at the highest legal risk if something slips through.A better approach is to use a licensed screening agency that’s FCRA compliant and offers direct-connect verification.

Paystubs, bank statements, and “letters from professionals” are some of the most commonly altered documents.