Rental Qualifications

Capstone Rental Qualifications:

1. Prospective tenant(s) gross monthly household income(s) must equal three (3) times the stated monthly rent. Applicant(s) must provide documentation supporting stated income(s). Acceptable documentation to be: a copy of pay stubs, a copy of bank statements, a copy of W2, a copy of 1099, letter from the employer on employer\’s letterhead with employer\’s contact information for verification.

2. Valid government-issued identification with picture ID required.

3. Rental History: All applicants must have a verifiable rental history for at least three (3) years. An eviction will result in an automatic denial.

4. Credit: Applicants must have good credit, free of collections, judgments, liens & bankruptcies. If you have questions regarding your credit qualifications please contact our office to discuss 602-354-4660.

5. Background: Felony convictions must be addressed according to our company policy. Applicants will be denied if they have felony convictions less than 15 years old, involving violent crimes against people/property or distribution/manufacturing of drugs in any manner. Felony convictions for any drug-related offenses (possession only) or alcohol-related offenses in which no one was permanently injured or killed, will result in a denial if less than 5 years old. All other felony convictions will result in a denial if they are less than 15 years old. Applicants with outstanding warrants or crimes that are awaiting trial, will be automatically denied. Registered sex offenders will automatically be denied.

ALL APPLICATIONS ARE SUBJECT TO THE LANDLORD/OWNER\’S FINAL APPROVAL.