All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties:Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

There are lots of people operating illegally and you can find them advertising properties illegally all over the BP Marketplace. 

They would start a new business or find some other high risk/high reward investment opportunity, but one advertised with a greater than 2-3% success rate. 

I would pop into one of the local Chinese banks (specifically the ones who advertise real estate loans) and see if they have a connection!

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.

I can't tell you how many times I have renegotiated for my buyers and got discounts even though they advertised it "as-is".

Honestly it's almost less work for us because we don't have to screen, airbnb does, we don't have to deal with leases, airbnb does that stuff, and we don't have to advertise, airbnb does.Location: If you do str OR/AND you really want the highest appreciation (I wanted both) you want to stick close to RTP and the airport.

Delayed Advertising for Vacancies:They don’t list properties for rent until the tenant vacates, which prolongs our vacancy periods.

This search term will more likely attract potential home buyers.As we all know, targeting buyers can be a waste of money when competing in this competitive market where each investor/wholesaler is fighting for the next best distressed seller.Now, what else is this advertiser doing wrong with their ad?

Some have never distributed a dime, even though they were advertised as cash flow investments.