It would be used for commercial financing application to a commercial lender.

But I would still pursue the action to get a judgment, so that the next landlord who gets an application from this tenant will be able to have good grounds for rejection.

Without some conduit there is really no way to put your investors on equal footing to participate in the manner you described.I suggest too that you check on your State's applicable laws regarding securities and offerings,it sounds like you may be dealing with sophisticated investors under SEC requirements, you certainly want to avoid SEC requirements.

Make sure you have a rental policy written that specifies what are you looking for in an applicant - i.e. score 650 and above, no outstanding unpaid bills (cable, cell, utilities etc).

However, when the headhunter or human resources is going through a stack of 100 applications to bring in 3 for an interview, and one to give the job to, they're going to go for college degrees as a priority, I'd bet.

Barrier to entry for being a real estate agent as far as I can tell for my state is like 200 dollars for the application fee, licensing examination, fingerprinting and the background check.

@Michael Plaks, @Ashish Acharya - some day we will have to have a debate about the De Minimus application to an asset not in yet in service. 

He should definitely be careful when rejecting applicants in the future, as they could be part of a protected class and claim they were discriminated against.

I prefer to self manage my property, and their are some good small land lord self property and expense management applications which are very simple to use.

In 2011, Philadelphia enacted what was termed "ban the box" for employment applications.