@Dave Van Horn is an excellent resource.

Hello, I wanted to reach out to see how other independent landlords collect application fees.I manage the property from out of state, so physically being at every showing is impossible - and I don't necessarily want to tip my hand that I don't live in the immediate area to prospective applicants. 

They provided other supplemental income documentation, but since the income is from a side job, the total differs from month to month. 

You might make a reasonable argument, if you were going to issue currency based on standard, that that standard should be a resource that can be depleted and/or renewed, such that the circulation of fiat at any time was dependent upon the health of that resource. 

We are still in the early stages of research and are looking for any resources that could help give us a better idea of market characteristics.

Thanks in advance for any tips or tricks you can pass along for someone just starting out.Thanks,Dusty Lewis

I've listened to Jefferson Lilly and Brad Johnson's Park Street Partners podcast and received some great tips.

Does anyone have any tips on what to watch for in this market?

I can see hedge funds of private entities not wasting resources on a $400 lien at 5% that's redeemed at only a $20 return.

Overall using google maps and various other resources, the area seems to be a developing area.