Once I feel I have an appropriate rent price, I require all of my prospective tenants to complete an application through an online credit check & tenant application website.  

I'll share this with  my developers.

Michael, it depends upon a lot of factors.For people involved with REI, it depends upon what you want to do with the business as there are different tax rules based on type of entity.For holding rentals, I generally recommend an LLC if you are setting up an entity at all.For flipping and development, I generally recommend an S corp.For wholesaling, my recommendation would depend more upon your specific business.

I've been lurking on the site and forums for a while now, but now I'm starting on my first deal.I have a few prospects that I want to look into, but one has been particularly difficult.

I'm from the central coast of California and am working on developing a RE portfolio.

. * [Not a habit you'd want to continue].Might going into a joint-venture with a developer (who'd build on the lots) help?

Greetings,You have to first develop a criteria that will include type of house (condo, colonial, detached townhome), bed/bath count, year built, price range, etc.

@Larry SmetAlas, the tool does not possess all the North American Time Zones as both Atlantic Time and Newfoundland Time appear to be absent ;-)@Mindy JensonA standard list of world timezones (with proper ISO naming) are readily available; there is not need for the BP developers to try to reinvent.

Even for "qualified" prospects they would prefer their tenants not be disturbed after a long day at work (evenings) or a day off (weekends).   

@Brian Schmelzlen  Ok that will help you know us developer one year were are on top next year sucking wind