However, that wasn't your question...Regarding organizing lease end dates - with that many units I would hope you're using some sort of management software like Buildium?

@David VanWert I also did the new application as soon as I heard, and still haven't heard anything.

Thanks. 1031 is not applicable in CanadaIts pretty much upgrading your assets not having to pay capital gains.. 

This person happens to be an in-law.Now I have other reasons for rejecting this applicant but I want to know what you think.

Are there any negative impacts in the future when I need to apply mortgage applications with banks or affects my credit scores?

@Ellen Alvarez depending on the bookkeeping/tax prep software being used, that line very well could automatically show up, but with rentals it should be 0. 

Imagine the glut of used equipment that will be available that will not be ancient, and the amount of applicants for new jobs at the new restaurants.Experienced operator looking to team up with silent partner type ads, EZ Terms Dark commercial units, etc...Italian, Mexican, American, Chinese, Hot Dogs, etc...Every cloud has a silver lining.And for those that can place Experienced Operators with Silent Partners, a cut of the action, and maybe free meals for a year (it's not what you know, it's who you know) ...Every cloud has a silver lining.Look beyond the darkness to the coming dawn and figure out how to enjoy the sunlight! 

The door needs to be unlocked, lights turned on, questions answered, and an application may need to be provided if not online.

Check the tenant out just like you would any other applicant and decide for yourself.

They had assured me they use a title agency that holds the money in escrow, but filling out an application with this company with my social security number and other vital info is what scares me the most.