This occurred at a very small association (16 units) and most were owner occupied.

Marie Poe are both right.Notice occurs when it is discovered.  

The credit/background check was listed as non-refundable, however this is a service which did not occur at any point in time.1.)

And there's always market risk that appreciation will not occur.  

My maintenance guy is the son of one of my tenants. his mother lives upstairs from the tenant whom the conflict has occurred with.

If the criminal record was the ONLY thing that would keep them from being approved, it would be wise to confirm with them that it actually occurred and was adjudicated. ie, someone being arrested for something doesn't mean they committed a crime.

I have seen a few good deals occurring at the moment.

Hello,If a tenant relocates for less than a month due to damage that occurred to an apartment, can they withhold rent while repairs are being completed?

Those are some really good points that hadn't fully occurred to me.

They are not one and the same obviously, but amortization occurs for things like the question the OP posted.