I've always done a first come, first serve for reviewing applications because of the fee, but what if I have people racing to fill out forms in the kitchen at the same time?

But since that act exists it just serves as another road block between the wrap and due on sale clause.

. ;)P.S. yes, I have been called a smart @$$ a few hundred thousand times.But the fact is that my goals and desires are much more internalized than that, and they have served me well in life.

I don't do "first come, first served" so there is no reason for anyone to rush their application with us.My best tenants had "others to view" which, in retrospect, might be an indicator that they are a quality tenant.

Become an expert serving that niche.Here are some examples of niche marketsInvestorsPoor creditFirst time home buyersCommercial

I agree with Marcia, see if you can get signed estoppels prior to closing; that will serve as evidence of what they've agreed to regarding the unit (rent, deposit amount, who owns what appliances, etc.).

Yes you can legally add on to the collection fees your expenses for finding, serving, and collecting the judgment.

One thing that has always served me well in the tenant tribunals, district courts and every matter that I had to serve tenants with documents- he with the most documents wins!

To take it a step further, are they being *served* by your website, or are they just getting some info?

Whether you hire them or not they are a good resource and serve a great purpose for investors, particularly out of state investors such as myself.