Qualified applicants are I believe upper middle class and tend to take care of the property and pay their rent on time.  

But there's a reason it's freely given and it may not be applicable to you, your goals, and the specific strategy you're executing.Real estate investing is a business. 

Any Sales force application will have numerous forms and reports to work on.

PROPERTIES LISTED FOR SALE For a rate and term refinance transaction, the borrower must evidence that the listing has been cancelled, and must not have been listed for sale as of the date of the application.

Yes, the Bank will see it, primarily because as a borrower you are required by federal law to disclose the other loan obligations on your application for a mortgage loan with them and if you don't it' a federal offense and a felony in all 50 states.  

Then weed through the applicants for hopefully a non college older couple who wont trash the place and who will pay the rent.  

you would have a ton of applicants!

My rental is my first home that that did not sell, so I put up for a rental and in 2 day I had well over 20 people wanting to look at it and 4 application.

I read his book in 2003 and watched a lot of people lose their shirts by immediately implementing without developing an applicable knowledge base.

Did you have to program that yourself or is that an available application of IFTTT?