Tenant Application Timeline

[Nicholas Paros]

Hey everyone I am trying to get some information on how everyone handles applications from tenants and what your flow chart would look like. Listed below is my general understanding and a timeline with some questions and comments.

1. Person inquires or expresses interest.
   • Do you give them any type of guidelines to what your requirements are at this point or just send them an application?
2. Send interested person application.
   • If one or more criteria for rejection, inform of rejection.
   • If no issues on application run credit and background check (paid for, non-refundable by applicant.)
3. Run credit and background check (we are using cozy, does any have any other recommendations and why do you like your method?)
   • If one or more criteria for rejection, inform of rejection.
   • If no issues either approve tenant or decide best fit between multiple qualified candidates.

Does anyone have any other steps I have left out or do things a little bit differently? Does the process flow I have laid out pose any potential issues that you think could be avoided by doing something a little differently? We are working on our process and want to make it as robust as possible so any advice, input, or nuggets of information would be greatly appreciated.