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RPM Ideal Tenant Screening Criteria

Real Property Management Ideal is committed to equal housing, and we fully comply with the Federal Fair Housing Act (FFHA). We do not discriminate against persons because of race, color, religion, sex, handicap, familial status, national origin, or age. We also comply with all state and local fair housing laws. We offer application forms to everyone who requests one.

Screening Criteria

Approval is based on the following factors:

  • Income Verification: Verifiable Income should be at least three (3) times the monthly rent ( needs W2, 3 months paystub, 1099s, 6-month bank statement
  • Employment: We require verifiable employment history for at least the past three (3) years.
  • Residence History & Landlord’s reference: Verifiable residence history for at least three (3) years. Any evictions within the previous 7 years will be automatic grounds for denial. Broken leases will be considered on a case-by-case basis, and an additional security deposit may be required.
  • Credit History:
    • Credit score of 620 or Greater – Qualified
    • 619 -594 (May qualify with a 30% additional Risk mitigation security deposit)
    • 593 -550 (May qualify with a 50% additional Risk mitigation security deposit)
    • 545 -500 (May qualify with an 80% additional Risk mitigation security deposit)
    • Less than 500 – Potential Ground for Denial

Animal Policy

  • Maximum of 2 pets in the household
  • Size and breed restrictions may apply
  • All pets are screened and profiled through rpmideal.petscreening.com
  • There is a one-time non-refundable Pet Fee ($499/pet) and monthly Pet Rent ($49/pet)
  • For more information, please review our RPM Ideal Resident Animal_Pet Policy

* Service animals are not considered as pets and are always approved

Fees and Deposits

  • Application Fee: $75 (Reviewed on a first come, first served basis). Each occupant over 18 must complete a separate application and pay the application fee.
  • Mandatory Resident benefit Package: $69 /month
  • Security Deposit: Standard is about 1 Month Rent
    • Once approved – The tenant to pay a Holding Fee (will go towards the security deposit)
  • Lease Processing Fee: $99
  • Start of Lease: Within 15 days after approval of the application
  • Initial Payment: A full Security Deposit and a 1-month Full rent are due before moving in, irrespective of the move-in date.If the Resident moves in during the month, the prorated Rent will be applied only for the 2nd month

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When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

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