We've had long term tenants in both houses, but when we were screening applicants, there were those on Section 8 with $1100+ vouchers.

Oh my, very good tips, but as to recording phone calls and taking them to court, better check applicable laws as to notice of recordings, unless you have 3 or more on a conversation, privacy is assumed.I've used recordings and gave notice that is not so obvious but meets the legal requirement, by saying such things as;"You know George, I'm not discussing this issue with you privately at this time"....Or "You know that under the circumstances anything you tell me is public knowledge as I may have to repeat any part of this"I doubt a landlord can justify saying it's recorded for training purposes LOL.Otherwise, not only will your recording be tossed out, you may get nailed for wiretapping!

Low end people are less selective and live in the best priced areas.If you fix a property above the area you can be a lot more selective and you will notice your applications to showing ratios go up.

That REI thing was added some time ago, not applicable anymore.

But I just got an interesting application from famous gospel singer.

If it takes 6 months to sell them all (and that would be lucky) the exchange won't work.Also, they are single family's (SFR's) so no retail applications.

I had someone approach me with something similar but the rest of the application wasn't so good.

In the event any property can not be clearly released arising from any title encumbrance the borrower may elect any other parcel of lesser secured value to be released with reasonable notice given and any remainder paid down shall be applied toward principal and credited to any other future release.Other agreements....Bothe lender and maker execute with a notary.And again, I ain't an attorney, see yours, but this is very close to what I have used in the past....I gotta run, if I think of other astuff I'll post it as applicable for ya!

Does applicant #3 receivbe $387 in child support or pay it out?

Any difference in quality with the different application?