I work remotely from my home for a software development company, so while I’m working I’m also soaking up everything I can through the Podcasts.

When a prospective tenant sends an inquiry to an e-mail address provided in one of our postings, they are sent an automated response containing more information on the unit in question (floor plan, details about amenities, local schools and shopping information, etc) and a copy of our application form and guidelines.We have found that the serious applicants frequently show-up to the viewing with a completed application in-hand.

3) Computer based property management software looks good but how much of the tenant base has computers?

The whole purpose of a worksheet like this is to automate calculations you understand and trust.

The standing debit authorization (Automated Clearing House or ACH) is the only acceptable rent payment.

Plus says that you can utilize the property analysis software a 'limited' number of times.

@Brian Gibbons , @Ned Carey and @Michael Moikeha Do you currently use any software to perform market analysis, get Comp and stat in your area?

They are still responsible for the late fee.Also I use an automated rent payment service, clearnow but there are others, I reduce the rent by $50 if they use the service.

With regards to seasoning, just speaking for the bank I work at and in past scenarios I would only need 2 months for each additional property up to 6 but it depends on what the automated approval asks for and each situation will vary as the variables are based on credit, debt to income ratios, reserves available, and properties owned.

If one bank turns you down for a residential (Fannie/Freddie) loan, then all of them will (assuming nobody inputs different information) because they all use the same software.