It's a lot more than just showing rentals, approving applicants, collecting rents and handling minor maintenance issues!

Louisville Building Permit application is nice and short but short on details.I am just removing a hall closet to widen the hall and relocate an outlet, I assume a permit is required.

I bought a HomeDesigner software (homedesignersoftware.com) for my first signficant rehab with permits.

Should strongly consider highering independent inspector to confirm WHAT has been done and HOW WELL it was done.4) Make sure you fully understand applicant screening standards and process. 

Get proficient at accounting software. 

Call back the people who you had to cancel as they may still be interested.In the past when that happened, we had a partial deposit and kept it (the applicant actually told us to keep it as it was last minute).

Each application had something like only 5 questions and took less than one minute to complete.

Also, I use a software called Hostfully that helps automate processes and put together digital guidebooks.

Nothing in his application or during the showing made me think he was a bad applicant.

(I'm not advocating lying on a credit card application, especially when its already super easy to just join the bike club for 1 month).