Ensuring transparency and efficiency in managing owner resources is critical1.Clear Communication on Costs: Provide owners with detailed breakdowns of repair costs and explanations for necessary expenses.

Overpricing will likely lead to longer vacancies and lost income.Respond QuicklyTenants have more choices than ever, and properties that don’t respond to inquiries promptly may lose out.

Various repair issues, bad tenant, and now this issue.

Tenant chose to stay in house during repairs citing Renters insurance declined coverage.

They do just about every month or so investor calls and K1 has been prompt.  

They are prompt, proactive and understand property management from an investment perspective.  

You can always use a software like Turbo-Tax and follow the prompts.

., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!

While the heater issue adds extra stress, addressing it promptly will protect you from further fines and penalties.

Handle this promptly to protect the owner’s interests.