324 - Pelto Properties, LLC

FEATURES Don't miss this freshly updated 1 bedroom/1 bath with a European flare. Hardwood floors, granite/marble counter tops, tile shower and all inside a charming living space! Shared laundry available on site and additional storage space available for $50 per month if desired. Water, sewer and garbage shared between all tenants in the property. Tenant will put the electricity in their name for their unit. MOVE IN COSTS - First month's rent (If mid-month move in, we will prorate month number 2) - Resident Benefits Program (RBP) $25.00 - Application fee ($40 per person over 18, every person over 18 needs to apply) - Security deposit equal to one month of rent - Pet deposit (if applicable) A welcoming environment is paramount to all of our residents. To help ensure ALL of our residents understand our pet and animal-related policies, we use a third-party screening service and require EVERYONE to complete a profile. This process ensures we have formalized pet and animal-related policy acknowledgments and more accurate records to create greater mutual accountability. MONTHLY COSTS - Rent - Pet rent (if applicable) - Landlord Liability Insurance required $13.50 (or use your own provider) - Resident Benefits Program (RBP) $25.00 - Utilities All Real Estate Gladiators residents are enrolled in the Resident Benefits Package (RBP) which includes HVAC air filter delivery (for applicable properties), utility concierge service making utility connection a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. WHEN WILL WE BEGIN PROCESSING YOUR APPLICATION? - After prospect tenant has viewed the property or has a proxy to view the property on their behalf. - Government issued picture ID for all adults submitted with the application. - Fully completed application, without material omissions, for every occupant over 18. - Income verification submitted with the application. - PetScreening profile completed for every applicant over 18 who applied. RENTAL CRITERIA AND APPLICATION DISCLOSURE The following information will be accessed as part of the screening of any applications for tenancy.... - All information on your application. - Your rental history via any identifiable prior Landlords. - Credit reports via a third-party Consumer Reporting Agency. Minimum credit score of 650. - Public records regarding criminal conviction history or registration as a sex offender. - Personal references. - Verification of employment and/or income (or rental subsidy) amounts. - Public records regarding civil court records. - Any other information provided by the applicant (such as anticipated length of tenancy, tenancy commencement date, etc.). - Any offers or proposals you may choose to make to us (additional rent or deposit funds, extended lease term, guarantors or co-signers, etc.). Income/Credit Requirements: - General rule is that income from the applicants intending to sign the lease must (collectively) equal or exceed 3 times the rent. - Proof of adequate income (or reserves) to verify ability to pay rent on time throughout the lease term (select one or more): Verification of employment and salary/wages. Recent paystubs from verifiable employer. Tax return copies for self-employed applicants. Proof of regular investment earnings, social security or other form of governmental rental supplement. Any additional sources of income that applicant wishes to disclose (i.e. child or spousal support, trust income, financial reserves, etc). Any rental subsidies which you wish us to consider. NOTE: Exceptions to minimum income requirements are applicable for Section 8/subsidized applicants as provided in SMC 14.08.040(F). - Favorable credit history free of negative credit issues which may indicate that the applicant has a pattern of failure to timely pay financial obligations. Rental History: - For applicants with prior rental history, favorable references must be received from minimum of last two landlords. - For applicants without prior rental history, adequate personal references for equivalent to two favorable past landlord references. -Applicant agrees to obtain insurance protecting the premises from loss or damage caused by Resident(s)/Guest(s) negligence. A minimum of $100,000 of liability coverage needs to be obtained by the provider of your choice. Alternatively, you can use our provider at cost of $12.50 per month and the charge will appear on your lease with your rent charge. All monies received are applied to fees first then rent. Guarantors: - Applicants who do not meet our minimum criteria based upon income and/or credit requirements may propose a Guarantor.