Tenant Screening
The process of evaluating a rental applicant's ability and likelihood to pay rent and care for the property. Includes credit check, background check, income verification, and rental history. Good screening is the single most impactful thing a PM does. A bad tenant costs $5,000-$15,000 between lost rent, damage, legal fees, and turnover. Consistent, documented criteria protect you from fair housing claims.
Have a question about tenant screening?
We manage rental properties in Memphis and deal with this daily. Ask us directly.
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