So accepting and approving multiple applicants is the norm?

Are you not necessarily denying him based on screening criteria - Some landlords make it a requirement to view the property prior to letting the applicant apply.

I would not rent to these three applicants. 

I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.

The only example I can think of is that I asked an applicant questions about their credit report.

This statement is signed by every applicant.2.

Good luck, and feel free to ask if you need more tips on tenant screening!

There are a lot of factors to consider when get a cost seg study to determine if the benefits outweigh the costs.

There are a million low cost or free options out there.

Navigating the Surge in Rental Application Fraud: A Guide for Landlords and Property ManagersIn recent years, the rental market has experienced a troubling rise in application fraud.