If you present the listing well, put it on multiple platforms and are asking a reasonable rent you will get plenty of interest and applications quickly. 

You will want to understand taxes and applicable laws.

Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant. 

Applications were being lost, or the website wasn't permitting tenants to fill them out.

For this post, the long story short is that no cats were on the application but lo and behold, there are 4 cats in the house during my first inspection.

Quote from @Stephen Smith: You are correct, this can happen, however, if your application is full and complete this is an expectation.  

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I suppose I'll just wait until I find a good applicant and be grateful I won't have a vacancy this time next year. 

One housing authority wouldn’t even entertain the request, while another was open to it because it was an affordable housing property, requiring just an application for the exemption.From my experience, dealing with government agencies, especially when trying to save money or get financial benefits, can be a slow process.