Incoming Residentrecognizes that he/she is entering into an agreement which is retroactive to the original date of the Agreement.

This is why a lot, if not most of my 1,250+ post replies in the forum to date are about Mexico, as many investors seem to agree.

I intend to qualify as a REP as I have no W2 income and handling the purchasing and managing of my investment is technically my job now (i do have a handyman as I do not live in the state where my property is, I do all things related to the property other than on site repairs). 

So far(knock on wood) I've only had to file for an eviction once, and the tenant vacated before the actual court date. 

The columns change based on my MTR and LTR applicants, but I would recommend you start with the following inputs:Credit History, Criminal Background, Current Employment, Income, Employment History, Desired Lease Length, Desired Lease Start Date, Pets (if applicable), Interview Performance, and Reference Performance.The higher the cumulative number, the better the applicant.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

My site looks waaaay better and I'm getting leads.

Thanks Vlad I will definitely keep everybody up to date. 

You will also want to draft a comprehensive lease agreement that outlines terms such as rent amount, due dates, security deposit, maintenance responsibilities, and any house rules.

Generally you want to request it on their annual recertification date.