But if you feel compelled to, you could literally just say something like, "We decided to go a different direction on the rental and it is no longer available.  

You need to learn how and when to use all the tools available to you (financing, insurance, management, etc.)

"Thank you for your application, we have decided to rent to somebody else".Why is this not an option?

Decided to steer clear of RentRedi after this post: https://www.biggerpockets.com/forums/899/topics/1154114-5-mo...This left QB, Stessa, and Digb.

In property management, every property goes down the assembly line.

We have a beach STR & we’ve decided we’d like our next property to be in the mountains.  

Sure, about one in 2000 times, by someone experienced enough to recognize a very unusual situation, having the capacity to act on it, having the financial strength, experience and tract record to be able to attract the needed capital, having the knowledge and ability to structure the deal, having the ability to manage and or reposition the property after purchase, and having the capacity to carry the negative cash flow until turning the property around or obtaining lower cost financing.  

Whatever you decide, you're in an amazing spot!!

I do have some experience with property management.

Most professional property managers will not manage a home with a warranty in place because we know that it only causes delays and more problems.I agree with Jonathan.