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Always Verify Income When Screening Tenants

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Every real estate investor knows that a vacancy is one of the largest expenses anyone can incur on a rental property. Between the cost of fixing up your unit, leasing fees, and months of lost rent, it is tempting to rush through the screening process just to fill a vacancy and skip crucial steps that could lead to serious issues down the road.  One very important step in the screening process is verification of income. A common misconception is that verifying employment or running a thorough credit check will do the trick. But one could have a good credit report...
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