A landlord may not:(1) charge an applicant a screening fee when the landlord knows or should have known that no rental unit is available at that time or will be available within a reasonable future time;(2) collect or hold an applicant screening fee without giving the applicant a written receipt for the fee, which may be incorporated into the application form, upon request of the applicant; or(3) use, cash, or deposit an applicant screening fee until all prior applicants have either been screened and rejected, or offered the unit and declined to enter into a rental agreement.Subd. 2.Return of applicant screening fee.

@Terry Madden do you buy individual condos or build the complexes yourself?

I’m just wondering if I could use my ability to not take immediate returns to partner up with individuals and maybe get into some deals that maybe someone looking to take x % right off the bat may not be able to. 

I don't have the time at the moment to respond to each of you individually, but please know that I will read and reread your answers and refer to them again often as I continue to think about the next step. 

I contacted a local agent to verify the individual estimated value of the homes.

Others prefer individually picking vendors one at a time and building a more complex but also more specialized team.

Without that, there is no legally binding, enforceable contract.Assuming you do have a written contract, it should say in the contract how long you have for inspections and what rights you have with respect to entering/inspecting the property. 

This is assuming that an individual is planning for Financial Freedom...vs "dominating the market" or shaming ones peers where ego is the actual value at hand.  

Unlimited guarantees, also called Non-Recourse, means that the bank can go after each individual for as much as they can get in order to be made whole as quickly as possible.

I've talked to a few folks that like Dallas as well...seems to be a tough market to enter right now.