I have no concerns about the owner filing for bankruptcy or any issues with a bank.

There are many ways to attempt to collect your loss:  file a small claims complaint against them; get a judgement so you can garnish future wages/bank accounts - and the judgement will be recorded in the credit bureau. 

., 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!

I had to remind them a few times of deadlines but they did a good job overall.

All of our PM staff gets a small bonus for every lease that is fully renewed 30 days prior to the deadline.

I also got a written and signed agreement from tenant that is notarized for him to vacate on or before 2 weeks deadline after closing. 

Yep: https://www.fincen.gov/boiIf your deadline was January 1, 2025, it’s now January 13, 2025.

I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “. 

The study doesn't need to be completed by year-end but should be done early for 2024 tax filings.