It requires a one page application and pays a flat $204/week.

When your tenants sent in an application, did you ask them for their profession? 

From there, applications, background checks, and lease signing can all be handled electronically to get someone in.

I'm a brand new member and just found out about Bigger Pockets recently after reading and listening to a variety of books on Real Estate and then coming across the Bigger Pockets podcast on the Pandora application.

Personally, I can work with applicants who have low credit (especially if it’s from medical bills and not something like credit cards which to me is more indicative of poor spending habits).

Gave out a total of 50 applications.

Copies of all leases and rental applications, to include:a.

Has been using this software for a couple of years already. 

I hope I'm wrong, but then like you said, this would be a good thing if we are poised to buy in a downturn.I think the most applicable scenario for me is during the refi process, if the value goes down the bank might not be able to lend as much as I need (since I've only owned the house for 9 months and have little equity in it).

I currently do a phone interview, application, and showing.