Industry data show that only 1 in 63 applicants will qualify as a potential tenant. RMA knows it is much better to have a vacant rental property than a problem tenant!

Screening prospective Tenants is one of the most important services provided by RMA. A complete and thorough screening and background check of all prospective Tenants insure that illegal activities do not take place on rental properties managed by RMA.

The initial step in the screening process is an interview with the potential Tenant, conducted by one of our qualified staff members. This is done when the prospective Tenant meets to inspect the property and to complete an Application for Residency. Each prospective Tenant must have a credit report completed before being considered for tenancy. The prospective Tenant must complete an Application for Residency, which gives RMA permission to run a credit report. A national credit reporting service provides the applicant’s credit history quickly and accurately. The prospective Tenant is responsible for this service fee.

Each prospective Tenant is required to produce verification of employment by submitting W-2 statements, pay stubs, and/or tax returns. RMA requires the most recent two month’s bank statements, to verify legitimate life style and normal cash flow.

Past landlord experiences for the preceding two years are verified by an RMA staff member. If a prospective Tenant has been a homeowner, a real estate broker is an excellent reference. An onsite inspection of the prospective Tenant’s current residence is also conducted. After successful completion of the application process and tenancy approved by Realty Management Associates, a lease/rental agreement is executed with the Tenant on behalf of the Owner. RMA will administer the terms and conditions of said lease/rental agreement.