Better to lose a non-refundable application fee than your shirt.

If they provide sketchy information, deny their application and move on.

For instance, we had an application today where the wholesaler got a home under contract for $200k and then put a $50K mark-up on it to sell it to the "C" buyer for $250K.

So if we were given 30 days notice we could turn on our marketing, screen applicants and almost always dovetail  the new tenant’s move-in to within a few days of the old tenant exiting.  

The prospect completed an application and checks the credit and income boxes but does have a mark on the criminal record.

Hope that’s kosher…You might also want to consider moving your notes to a servicer, thus you'll be in compliance with all applicable statutes and other crazy regulations spun up by Liz Warren. 

I saw people do remote management for short term rental, wondering if this can be also applicable for a remote long term rental. 

If the unit is in good condition and is priced competitively, you should get at least one application.

They might be a good fit for your situation since DTI isn’t applicable—underwriting is based primarily on the property’s income, not your personal finances.

I re-rented one side of the duplex I have and had 29 applicants just for the one side.