Prospective Tenants

When screening residential renters, property managers or landlords typically consider several criteria to ensure they select reliable tenants who are likely to pay rent on time and take good care of the property. Here are some common criteria property manager or landlords use:
  • Income and Employment Verification

    Landlords often require prospective tenants to demonstrate a stable income that is at least three times the monthly rent. They may ask for pay stubs, bank statements, or employment verification letters.

  • Credit History

    Checking the applicant's credit report gives landlords insight into their financial responsibility. They look at the credit score and payment history to assess if the tenant has a history of paying bills on time and managing credit responsibly.

  • Rental History

    Landlords may contact previous landlords to inquire about the tenant's rental history. They want to know if the tenant paid rent on time, took care of the property, and followed the lease terms.

  • Background Check

    A background check may include looking for criminal history, eviction records, and any other relevant legal issues. This helps landlords assess whether the tenant poses any potential risks.

  • References

    Landlords often ask for references, such as from employers or previous landlords, to confirm the applicant's character and reliability.

  • Rental Application

    A comprehensive rental application provides basic information about the tenant, including contact details, employment history, and rental history.

  • Co-Signers or Guarantors

    If a tenant does not meet all the criteria (e.g., insufficient income or poor credit), landlords may consider allowing a co-signer or guarantor who agrees to take responsibility for the lease if the tenant fails to meet their obligations.

  • Interview

    Some landlords conduct interviews with prospective tenants to get a better sense of their personality and whether they would be a good fit for the property.

These criteria help property managers or landlords make informed decisions and mitigate risks associated with renting out their property. It’s essential for property managers or landlords to comply with fair housing laws and treat all applicants consistently and fairly throughout the screening process.

Applying for a rental application typically involves several steps to ensure you present yourself as a qualified and responsible tenant to potential landlords or property managers. Here are some general resources and steps you can follow:

Step-by-Step Guide to Applying for a Rental

  • Prepare Required Documentation:

    ○ Income Verification: Gather pay stubs, employment verification letters, or tax returns to demonstrate your income stability.
    ○ Identification: Have a valid ID (driver’s license, passport) ready.
    ○ Rental History: Prepare contact information for previous landlords as well as rental history details.
    ○ Credit Report: Obtain a copy of your credit report to review and address any discrepancies or issues.

  • Fill Out the Rental Application

    ○ Obtain a rental application form from the landlord or property management company.
    ○ Fill out the application completely and accurately, including personal information, employment details, rental history, and references

  • Provide Additional Information

    ○ Include any additional information that might strengthen your application, such as a cover letter or personal statement explaining why you'd be a good tenant.
    ○ Offer letters of recommendation from previous landlords or employers if available.

  • Understand Application Fees and Deposits

    ○ Be aware of any application fees or deposits required. Understand the terms regarding the refundability of deposits.

  • Submit Your Application

    ○ Submit your completed application along with all required documentation to the landlord or property manager. Ensure all sections are filled out accurately.

  • Follow Up

    ○ Follow up with the landlord or property manager to confirm they received your application.
    ○ Ask about the timeline for reviewing applications and making a decision.

  • Review the Lease Agreement

    ○ If your application is approved, carefully review the lease agreement. Pay attention to terms such as rent amount, lease duration, utilities, and any special clauses.

Rental Application Requirements

  • ● Applicants must have a credit score of 600 or above.

  • ● No history of previous evictions.

  • ● Evaluation of criminal and bankruptcy records will be conducted on an individual basis.

  • ● Combined household income must be at least three times the monthly rent.

  • ● Each applicant who is 18 years or older must submit a separate application.

  • ● Incomplete applications will not be processed until all adults have submitted separate applications.

  • ● Criteria for qualification may vary as each property is independently owned.

Common Reasons for Application Rejection

  • ● Incomplete applications: Every adult intending to reside in the home must submit an application for the group's application to be considered complete.

  • ● Prior evictions (exceptions may apply).

  • ● Outstanding balances owed to current or previous landlords.

  • ● Excessive credit delinquencies.

  • ● Insufficient income and unsatisfactory references.

  • ● History of bankruptcy, foreclosure, short sales, etc., evaluated on a case-by-case basis.

  • Within the past 5-10 years, felonies such as illegal manufacture or distribution of controlled substances, felonies resulting in bodily harm or intentional damage or destruction of property (e.g., arson), and any sexual offenses. Additionally, disallowed pets and/or vehicles may lead to rejection.