These are decisions to can make to subtly change the applicants to get and how long you keep a good tenant thereby affecting your vacancy/turnover costs. 5.

What is a good system to create around standardizing rent increases where applicable / best way to communicate it to the tenants? 

I have an applicant who says she lived in the Dominican Republic prior to the 2 years she's been at her current address.

Hi Shakti, As a lender we do work with US-visa holders as long as they have an established credit score in the US.

This is most applicable for growth of a portfolio, not avoiding cap-x. 

However, I haven't had a single application submitted for over two weeks.

Keep in mind magistrates deal with MANY MANY cases involving small issues so their rulings OFTEN may not follow the correct technical application of the law.

I have actually been thinkin about cutting losses honestly, I am not sure this is the best investment I could have made as my first but worried about how much of a loss I would have to take.It is meant for S8 for sure, I would have a stringent application process, and give the neighborhood a C from my research.I invested there because it was the first deal that basically fell on my lap where the mentor works with agents that Seller Finance deals, it was only $3k down and had thought the proximity to St.Louis would be attractive to tenants also.I effed up on waiting to post for rent until after all repairs and the COO for sure.  

Another thing to consider is are you basing the 3x rent on her initial application? 

They will show the property, send applications, review them, and review the applicants with you, and draft a lease and any necessary local docs needed for rentals.