Property Management Tenant Criteria

• Minimum credit score: 620 (credit qualifications don't apply if tenant is receiving housing assistance)
• If between 620-680, two months of security deposit will be required and ALL other criteria must be met
• If below 720, other monthly debt payments cannot exceed 50% of the rent
• Standard security deposit is 1 month's rent

• Must have at least 2x income of the rent
• Employment and income verification required

• No late payments on any debt in the last 3 months
• No more than 2 late payments in the last 12 months

• No past negative references allowed
• Prefer at least two past landlord references
• Former homeowners acceptable

• No bankruptcy, eviction, or foreclosures in the past 3 years except with landlord approval
• No repossessions in the last 24 months

Some exceptions may be made to the above criteria if the tenant is willing to pay multiple months' (at least 3 months and maybe more) worth of rent up front.

Proof of said assets must be provided with an official statement.

ESAs and service animals not applicable — ESA letter required

• If the owner allows pets (property specific), a maximum of two pets will be allowed unless otherwise specified
• $300 deposit will be required for pets (in addition to any security deposit)
• This $300 pet deposit is refundable with the same criteria as the security deposit
• $35/month pet rent will be collected (per property, not per pet)

Initial Payment

First month's rent and security deposit, including pet deposit if applicable, must be paid via cashier's check within 2 business days of lease signing or BEFORE the lease start date, whichever is sooner.

Subsequent Payments

All subsequent rental payments will be made via authorized ACH transfer.

Failed Payments

If the ACH transfer bounces or is denied two or more times, Tenant, at the sole option of Landlord, will be required to pay rent by means of cashier's check hand delivered to Landlord at the location of Landlord's choosing. Tenant will still be responsible for paying any rent or late payments due.

Due Dates & Late Fees

• Rent is due on the first day of each month
• Late fees will be charged on the eighth
• If payment is not received on or before the eighth of the month, a 5% or $50 late fee shall be added to the rental amount — whichever is greater
• The 5% will be calculated from any rent that remains past due
• Example: If the rent past due is $2,500, the late fee will be $125 and the total due after the late fee is added would then be $2,625

Bahr Properties will also decline any applicant that provides false information, intentionally omits information, is verbally abusive, uses foul language, engages in sexual harassment, engages in any illegal activity, smokes, vapes, trespasses, diverts the showing process, or threatens legal action.