A different matter.Judgments can cause your tenant's bank account to get hit, they could lose their rent money causing a late payment or default in the lease.I'm not sure how an accurate point system can be devised that would stand up in the event a tenant complained of a rental assessment (a judgment is enough for a denial) but scoring other matters between other applicants......I wouldn't go there.Once you take aspects of your underwriting from a subjective side (having the ability to use your opinion on the matter) to an objective side, quantifying some matter, then you open the door to your system being fair and accurate and it won't be.I say it won't be because multi million dollar programs can't meet that standard, MUELS, a mortgage underwriting system has kicks that can't evaluate objective matters, so I'm sure a landlord won't be successful when institutions with big bucks can't solve such problems.That said, having some system certainly helps you determine applications on a consistent basis, it's a guide for you to remain fair in your assessment, in your mind so to speak.

Also, it will let you know if something is a good deal when it comes on the market and you can act accordingly.Lastly, this should feed your data appetite: Online Resources I useGood luck!

How is this consistent in red counties/states?

I'd be very suspicious if you came up to me on the street and promised me consistent 25% annual return.  

The consistency of Property Management will open up lots of doors for you. 

Consistency, integrity in your relationships and investment numbers as well as being driven.  

If you are paying more than that it's  likely easily fixed by replacing the toilets with the high efficiency version (this has consistently been the case and has helped reduce the cost of sewer and water by 40-50% on properties that had old toilets).

It just makes it easier to respond to multiple people without having to scroll up and down a bunch of times.Other cool features include an easier way to jump to the last post in a thread while viewing our main forum feed, and a new sticky nav below our main nav bar while you are on the forums.

The market inventory is low right so you just have to patient and consistent because there is so much competition.  

It sounds like the problem is far too big to handle on your own, and letting tenants get cats to keep the mice down is actually a waste of time because mice populate far faster than any cat will keep them down - especially if the owner is feeding the cat (I assume they are).