Are there best practices in dealing with them?

If you want to be practical, you just deduct it.

Hello,I am planning on renting out my townhouse in South Jersey because of a job relocation to another state.

There was an opportunity to get a turnkey property and the numbers would of worked but I didn't feel like i was getting a good deal as there was practically no negotiation it was a take it or leave it situation at THERE PRICE!

In any event, practice your presentation, ask the right questions, determine the pressure points, and close the deal.Like in all sales situations, you've got to make your presentation in front of ALL the principals, hit their hot buttons, and be prepared to kiss a lot of frogs.Good Luck!

Most would find that to be a very shady practice. 

They're practical, cost-effective and can either be discarded or repaired depending on the damage without much effort or expense.Having a uniform appearance is nice particularly if you're handy and/or self managing as you don't have to keep extra materials around for each property but rather a small inventory of items that can address a repair in any unit (i.e. an extra plank, a can of paint, a knob or handle, etc).I say find a hardware store you like best, sign up for whatever incentives they offer and build your list out from there.

So with that said I figured I'd drop some out of state best practices for you to keep in mind as they should help you reduce risk no matter where you're investing.Don't buy in the roughest neighborhood in the urban core.

Know what's the common practice for the area you're buying in.

So far we have 2 people apply within a day of the property being listed and both seem to be viable candidates so far but we kinda want to see if we can get an even stronger tenant in the few days.So I was curious what is the best practice for allowing multiple people apply to rent out a single property.