It is a good idea to compile a list of things you feel should be looked after during your leave. For example, if you do not want tenants to use wood burning stove during their stay, make sure you put that in writing, get agent to sign and date it, and keep a copy for yourself.

Let The Agent Handle It

Once you have signed agreement, and letting agent knows what you want out of him or her, leave all matters to him or her. The agent doesn't want you continually involved with new tenants or interfering with their role as property manager. You have hired this agent to handle these things for you... so by all means, let them do their job!

However, if you are incredibly unhappy with way your agent is managing property, then you may interfere. This is best done by writing a dated letter and sending it to your agent explaining problem. Keep a copy of this letter for yourself in case it's needed for future reference.

It is a good idea to keep all documents and correspondence with your agents in a folder clearly marked "Letting Agents re (address of property)" or something similar. All letters sent to agents should be dated and signed and you should keep a copy.

Security deposits. Security deposits range from $100 to a full month's rent; average deposit is approximately $250. Some apartments require separate deposits for roommates. Credit application fees are generally $10 to $35.

Verifiable income. Verifiable gross monthly income is at least three times monthly rent. For example, a rent of $500 would require a minimum of $1,500 gross monthly income.

Credit check. A credit check will be conducted by apartment community or management company representing community.

Rental history. Any previous rental history will be verified, and mortgage payments may be included as rental history. Additionally, some communities are also conducting criminal background checks.

Leases. All apartments require a written lease. Lease terms typically are seven to 12 months. Most leases are written for 12 months. Shorter lease terms and month-to-month options often are available at premium rates.

Utilities. You rent will often include sewer, water, trash, and pest control. Gas and electricity are almost always paid separately by tenant.

Pet deposits. Although many apartment complexes allow pets, they require residents to pay dearly for privilege of setting up house with Fido. Pet deposits are stiff, and tenants are charged per pet. Deposits range anywhere from $100 to $300 per pet, and either all or a portion is nonrefundable. Some complexes charge additional rent for pets -- on top of deposit. Pet size is commonly restricted to 20 pounds and 12 inches in height, although some communities do allow larger pets.