The bank that owns this property is a small local bank and has offered 100% financing and some help with funds for rehab depending on my credit application.  

Would you really want to rent to a tenant that is going to complain about the toilet seat being up before they even fill out a rental application?

I would consider another applicant and see if they look better to you. 

However, from a credit card issuer perspective, they will reject your credit card application for too many inquiries even if you have a decent credit score.

I have an applicant signing her lease with me tomorrow morning.

Another update, so the UW sent me an email to decline my application, copying a number of people...

I also develop and manage a plethora of niche applications.

If you already have a completed application we can use that to give you a pre qualification letter with our rates.

I work my numbers on 8% for Capax, Maintenance, vacancy and 10% for property management.If the deal doesn't stack up on these then it's not much of a deal anyway...Don't forget to add Taxes, insurance, and other expenses that maybe applicable like HOA, Home Warrenty (if you choose to have one), or any utilities if payid by the owner.

Applicants are not people only a collection of facts until the screening is completed.