(It is important to note that I misunderstood the prorating first months rent part of the lease - which is the only reason I didn't question the actions of the landlord in the following proceedings.)November 2 - I found out that I could sign my lease for my new apartment on January 15, 2018 (which was awkwardly on a Monday) but if I could avoid paying rent for two apartments I wanted to give it a try.

Moreover, I am given another name and number to contact (a manager) which I followed up with only to receive the same list.  

If you have a deal the money will follow. 

@Basit Siddiqi, are there any formalities I have to follow to declare the loss? 

Thomas, if I knew nothing about credit, I would just follow your model on the 650 fico, the law of averages not only favors your methodology, but the elegance of it puts you in a better spot, should anyone make a claim you were acting discriminatory.

When you connect with people at networking events, make sure to follow up with them to keep the relationship going.Keep reading everything you can here on BP and read as many books as you can.

I can honestly say the negative experiences turned me away from trying to follow my parents’ footsteps but I have returned full circle and have decided to think outside the box and put the negative memories behind me (not forgotten though).

4) Following this process, what are the biggest hazards I would still be exposed to?

(This is often the case for small landlords.)Here's an article from a CPA on this very topic:  Small Landlords Not Required To File Form 1099.In the end, I'd suggest getting tax advice specific to your particular situation from an actual tax pro, and then following that advice.

@Josh Nix - Thank you, I will follow with you!