We take applications before selecting the most appropriate tenant. Prospective tenants are required to complete a comprehensive application form so their suitability can be ascertained.
We also conduct reference checks and bad tenant checks before we finalise the tenancy agreement.
Picking the best tenants for your property is a balancing act. If we have lots of interested parties then the job is easy. But if the renting market is slow we have to make a judgement call between waiting for the exactly right tenant and picking the okay tenant and getting your rent in (cross fingers). That's where experience matters. We usually get it right, but no matter what anyone says, it is impossible to always get a good tenant. Deal with the inevitable problems and managing poor payers (to pay or go) is also where experience matters.