Trying to rent out my first rental

[Adam Moehn]

I recently bought my first rental property, did some renovations, and now I'm trying to rent it out.

We started advertising March 1st on Craigslist and Postlets. We’ve had 8 people contact us, five of which we’ve done showings for. All seemed interested and took applications. But we haven’t gotten any applications returned yet. We also haven't had any new leads contact us for almost a week.

I guess I’m not sure what to be expecting since this is my first time trying to rent out a place. Is this amount of activity good or not enough? Is it normal for people to take a while to return applications, or is the fact that none have been returned yet an indication that the rent is overpriced or the house has something wrong that tenants don't like? There are plenty of photos in the ads so they should have known what to be expecting when they looked at the place.