Very close to a bus terminal.The bones are there, and it seems like an opportunity.

@Denis IahnesWelcome to Biggerpockets.

Welcome aboard Denis and good luck investing!

It is rare for four individuals to meet all of my criteria.If they all meet all criteria or if you don't have any written criteria, in my state I believe you still have the right to deny their application simply because they are not a good fit for your rental, as long as you are not denying based on any of the protected classes.  

It turns out commercial permitting is different than 4-plex permitting, at least (more than we thought).My opinions:Fear does keep people from doing things that are better opportunities, and they will deny itWe all do not know what we do not know, and therefore are susceptible to making crippling errors when shooting big. 

When you go and make a claim in a year and the title is in XYZ, LLC and the insurance is in your personal name, they will deny your claim.

@Denis ClijstersGoed om een Belg te zien op dit netwerk!

I know the history of my credit is a huge factor working against me in getting approved so i wanted to know what were the cons of being denied.I know I would probably have to wait 2-4 months before asking again, but are there any other negative implications that come with being denied.

Im talking new HVAC, new roof, floors, all appliances, one unit needed new floors (tile cause it can take abuse), mold spots on one wall behind bathroom and to top it all off the previous owner must not have known how trash cans worked or they were a hoarder.

If you deny access, they might have the authority to access using a locksmith at your expense.