This is the lowest level of mortgage applications since 2000, or 14 years ago. 

I can think of two scenerios that could be problematic.You started a thread asking advice on strategy on a potential deal and you mentioned your bottom line and tour buyer/seller or their agent happened to see your post.You post about a situation about a tenant, or an applicant, and in reading your post they know you are not going to renew their lease or you might be evicting them, hence escalating the problem.

And because if someone wants to leave early there isn't to much you can do about it anyway when they use the security deposit as last months rent no matter how many times you have in the contract that they can't do that.I wound up with a non-rule following tenant, we a no cat policy, this was clearly communicated and the applicant even said,"I don't even like cats" but then she is cat-sitting all the time with the excuse she doesn't own the cat even though our lease says "NO OTHER ANIMALS FOR ANY PERIOD OF TIME".

Thanks, Larry,I am looking for the business plan template for a loan application.

I am using one provider to process auto-debits for monthly rent, another provider to do backround checks, my accounting software to do the books and reports and the trusted Excel spreadsheet to keep my overall picture.So my goal is to have a single PMS in place by 2015 that will allow me to have everything in one application.

And what other taxes are applicable to the overseas private lender?

Indexed list of applicable real estate terms and definitions. http://en.wikipedia.org/wiki/Index_of_real_estate_articles

There are tons of college students and young professionals everywhere you could vet through an application process and get some good tenants in there with you.

I prefer section 8 and screen the same with those applicants as well.

I was wondering, in case the application is deemed ineligible, will that stay on on your record when a loan officer from Fannie reviews your file in a future mortgage?