Rental Application Scoring Rental application scoring simplifies your decisions. It’s a great tool if you manage many units and/or have employees. Application Scoring System Step 1 - Income QualificationWe require that all potential tenants have a combined income of at least 3 times the monthly rent and that the applicants have a positive monthly balance. If the number is positive proceed to step 2.Gross Combined Monthly IncomeCombined Monthly DebtMonthly Rent AmountTotal*Step 2 - Rating ScoreThe worst score is 5 and the best 45. We recommend a min of 25 Score. Credit ScoreFor score, less than 549 enter 0; 600-649 enter 6; 650-700 enter 8; over 700 enter 10Late Payments1-3 Late payments in the Last 6 Months enter 0; 1 Late payment in the last 12 mos enter 4; No late payments in the last 12 months enter 7; no late payments in the last 3 years enter 10Collections (medical collections excluded)Any collections 0, No collections enter 10. If potential applicants have unresolved collections from utility companies, apartment communities or property management companies it's an automatic denial for us.Rental History0-1 year enter 3; 2-3 years enter 6; 3 years or more or applicants in active military enter 7Employment HistoryUnder one year 2; 2-5 years enter 6; 3 and over enter 8Total Score*Automatic DisqualificationIf the applicant answers yes to any of those questions they will be automatically disqualified. Has any applicant had a prior eviction in the last 7 years.? Does any applicant currently owe money to or have a judgement from a previous landlord, utility company, property management company or apartment community??