Quote from @Michele Fischer: I personally would do the first option. 

Quote from @Michele Fischer: Types of fees:Application fees:  Above info is spot on, the only advice I would give is that higher fees means less applicants (we decided not to charge at all when we self managed, it did not add up to very much each year) and if it is non-refundable there are likely tenant-landlord laws about what you have to disclose about your criteria before they apply.Late rent: If rent is late, there is an exra fee. 

@William Brock I also got an STR on Fischer area, I would like to connect to see if we can help each other and share resources.

@Carl Fischer My uncle and godfather!

Quote from @Michele Fischer: Pre pandemic I was averaging $1,000 per move out. 

Quote from @Michele Fischer: This might be a stall tactic, and it sounds like the applicant is already willingly identifying themselves as disabled, but you could ask them to fill out this form. 

Hi, Has any one invested in turnkey duplexes provided and managed by Thomas Fischer.

That said,  @Michele Fischer's advice is spot on  - "If anyone has applied and been denied in this applicant cycle, don't change your criteria.

Quote from @Nils Fischer: Would it also be possible to just have an anonymous LLC in WY and then land trusts in various states as needed?

Check out Tribal Leadership by Logan, King, Fischer & Wright.