Applicant Qualifications

To ensure a smooth application process, please note the following tenant requirements:

• Credit Score: Preferred minimum of 520.
• Income: Gross combined household income should be 2.5-3 times the monthly rental amount. All income must be documented with pay stubs, check images, tax returns, profit & loss, or similar.
• Employment Verification: Please upload the two most recent pay stubs with your application. If your job duration is less than one year, include details of previous employment.
• Rental/Residential History: Provide verifiable rental or residential history. Include a working email and phone number for your two most recent landlords.
• Vouchers: Accepted on advertised properties; refer to the property description for eligibility.
• Evictions: Must be paid off and at least 5 years past.
• Felony Convictions: Aggressive felonies (e.g., domestic abuse, child endangerment/molestation, distribution of drugs excluding marijuana, violent crimes, etc.) will not be considered. Any criminal activity posing harm or threat to individuals, the rental property, neighborhood, or others’ property may result in denial.”

Common Reason to Be Denied

To ensure a transparent and fair application process, we outline common reasons an application may be denied. Understanding these reasons can help applicants ensure they meet our qualifications before applying. These include but are not limited to:

• Insufficient Income: If the NET combined household income does not meet or exceed 2.5-3x times the monthly rental amount, the application may be denied. It’s crucial for applicants to accurately report all sources of income to meet this requirement.
• Poor Credit History: While we consider a credit score of 520 or above as preferred, significant issues such as unpaid debts, recent bankruptcies or evictions, multiple bank accounts or credit cards in collections, or a pattern of late payments may result in denial.
• Negative Rental History: Reports from previous landlords of evictions, unpaid rent, significant property damage, or breach of rental agreement conditions can adversely affect application outcomes.
• Criminal Background: Felony convictions, especially those that are aggressive in nature (excluding marijuana-related offenses), or any criminal activity that poses a potential threat to property, individuals, or community safety, may lead to application denial.
• Incomplete Application or Documentation: Applications missing necessary information, signatures, or required documents (such as pay stubs or landlord contact info) will not be processed until completed. Incomplete applications delay the review process and may result in denial if not rectified in a timely manner.
• Failure to Pay Application Fees: Failure to pay for the credit and background check fees after initial review and property touring indicates an incomplete application process, leading to potential denial.
• Failure to Pay Deposit: Deposits are due within 48 hours of acceptance, even if you are a voucher holder. If the property becomes unavailable due to an inspection failure, sale or some other unforeseen circumstance beyond the control of management or owners then a full refund will be issued. If the tenant decides to not move forward with the lease then the deposit will not be refundable. 

Each application is reviewed comprehensively, considering all aspects to make informed decisions. Our goal is to match tenants with their ideal home while ensuring a safe, financially stable community for all our residents.

Applicants who may have concerns about meeting these criteria are encouraged to discuss their situation with our leasing agents before applying.Please note the following criteria may be subject to change at any time.

Property availability is subject to change at any time without notice.

How to Apply

All rental applications must be submitted online via at www.816PropertyManagement.com/Properties. Applications will not be processed until the application is considered complete.

1. An application will not be considered complete until all persons who will reside in the premise above the age of 18 have:
2. Submitted an application that is fully filled out and signed. Please include all current phone numbers and/or email of references for landlords & employers.
3. Uploaded paystubs
4. Claimed all income (child support, food stamps, housing vouchers, SSI, disability, etc

Co-signers or guarantors must also submit an application.

Please note the following criteria may be subject to change at any time.

The Application Process

1. Gather the following to apply for occupancy.
   • Last 2 pay-stubs (Other acceptable forms of sourcing income: Tax returns, Profit & Loss, Check images or similar. We will accept an offer letter from a new employer.)
   • Current employers contact information
   • Previous Rental History Contact Information (phone number or email required for previous 2 landlords)
2. Click Here to Apply
3. Next, find the property you would like to apply for and follow the prompts.
4. At the end of the application, you will be required to sign & verify all information submitted.
   • Applications are $45/Applicant.
   • Non-approved applications will be held on file for 60 days and can be transferred to a different property for free until approval is reached and a deposit is received.
   • Final approval is not based on a first-come, first-screened basis.
5. Once an application has been approved, a security deposit and a $100 non-refundable administrative fee are required within 48 hours of approval or the application may be considered denied.
   • All deposits must be paid electronically via Appfolio or Venmo. 
   • A home is not removed from the market until an application has been approved and a deposit submitted.
   • Security deposits are refundable contingent upon move out if the home is left with no cleaning charges, no damages, and no other balance owed. Security deposits ARE NOT to be used as the last month’s rent.
   • Security deposits will be forfeited upon withdrawal of application or failure to sign a Lease Contract after approval.
   • Security deposit and administrative fee must be paid with separate payments