Resident Frequently Asked Questions

• Q: WHAT IS YOUR RENTAL CRITERIA?

  A:
  Financial Requirements:
  

  • Applicants must earn at least three times the monthly rent.

  Identification:
  

  • All applicants are required to provide current photo identification with their completed application. Acceptable forms include a driver’s license or other government-issued photo ID.
  • Applications are processed in the order received.
  • All persons aged 18 years or older must submit an application along with a non-refundable $65 application fee.
  • Applications must be fully completed and signed.
  • If applicant information cannot be verified, the application will be denied.

  Residence History:
  

  • Applicants must provide the names, addresses, and telephone numbers of current and previous landlords for the past two years.
  • Rental history will be verified. Applicants cannot have any evictions or eviction filings within the last 7 years. Negative rental history, such as lease defaults, unpaid rent, or property damage, may result in application denial. If adverse rental history is accepted, the required deposit will be doubled. Applicants with no rental history will also be required to pay a doubled deposit.
  • Applicants must not have any outstanding rental balances.

  Employment Verification:
  

  • Verification of current employment is required.

  Credit and Background Checks:
  

  • A credit check will be conducted to assess creditworthiness.
  • A criminal background check is required. Convictions for offenses involving physical violence, assault, illegal drug activities, harassment, peeping, sexual offenses, or unlawful use or possession of weapons will disqualify an applicant if they occurred within the last 7 years. Recent multiple misdemeanors may also lead to application denial.

  Renter’s Insurance:
  

  • Proof of renter’s insurance is required before moving in.

  For International Students:
  

  • A copy of the passport and student visa is required.
  • Documentation proving enrollment in a local school (I-20 or J-1 documentation).
  • Proof of financial support for the upcoming school year, such as stipends, graduate assistantships, or scholarships.
  • Copy of Student Visa

  
  These criteria are designed to ensure the safety and maintain the standards of our properties, providing a pleasant living environment for all residents.

• Q: How much is the application fee and is it refundable?

  A: The application fee is $65 for each person over the age of 18, and it is non-refundable. We strongly encourage that you give us a call before you apply so that we can tell you how many people are ahead of you in the application process.

• Q: Can you hold a place before I apply?

  A: We are unable to hold properties without payment of a Holding Fee.

• Q: Do I pay first month’s rent and last month’s rent with my security deposit?

  A: Once you are approved, you have 72 hours to pay the Holding Fee. Once the Holding Fee is paid, you have 14 days to move into your new home. There is a $125 non-refundable administrative fee due prior to move-in.

• Q: How old do you have to be to apply?

  A: You must be at least 18 years old to apply.

• Q: Will I get my Security Deposit back When I Move Out?

  A: It is our goal to refund 100% of your deposit, however refunding the deposit depends on the condition in which the home is left once you move out and whether you have any unpaid charges. Upon move-out, we have 30 days from the end of your lease to return your security deposit. Some cases may take up to up to 60 days to refund but we will send you an interim accounting statement with an explanation.

• Q: Is the Holding Fee Refundable?

  A: As part of our policy here at PPA Properties, LLC, we require the first month’s rent as a holding fee to secure the home after an applicant has been approved. Once the holding fee has been received, the home will be taken off the market during the duration of the time we get the house ready, we prepare your lease documents and await your signature. Should you back out for any or no reason at all, the holding fee is non-refundable based upon the number of days, the house has been off the market, along with a one-time administrative fee of $125.

• Q: Who needs a cosigner?

  A: Cosigners are accepted only for students. The cosigner must have a credit score of at least 650 and meet the income requirement for their current home plus the amount of the rent.

• Q: You have a property that I want to rent. How do I apply?

  A: All of our applications are processed online.

• Q: How do I pay rent?

  A: You must pay rent through your online tenant portal. Rent is due on the 1st and considered late after the 5th at which time a late fee of 5% will apply. We file for eviction on the 16th.

• Q: How do I submit a maintenance request?

  A: All non-emergency maintenance requests must be submitted through your Online Tenant Portal. Please give us as much information as possible and if photos are applicable, please upload those as well. For emergency maintenance, please call us at 919-477-4499 5:30 pm and on holidays and weekends.

• Q: I want to get a pet. What Is Your Pet Policy?

  A: EVERY individual must confirm with the property manager that pets are permitted on the property. Then, complete a third-party screening and review process through petscreening.com. This essential step helps us document your acknowledgment of our pet-related policies, compile a record of any pets you have, and validate the authenticity and accuracy of the provided information.
  
  Please be aware, however, that not all our rental properties are pet-friendly. It is mandatory to seek prior approval from PPA Properties, LLC before bringing any pet into your rental unit to confirm if the specific property owner allows pets.
  
  Although there are breed restrictions in place, which include Pit Bull, Doberman Pincher, Rottweiler, Chow Chow, Staffordshire Terrier, and Bull Mastiff, please note that certain property owners might be open to making exceptions. Such exceptions, however, need to be explicitly agreed upon before the lease signing.
  
  Regarding pet weight and quantity restrictions, we allow a maximum of three pets per unit, each not exceeding 80 lbs. A non-refundable pet fee of $200 per pet is applicable at the time of registration. Some properties may charge a monthly $25-35 per pet fee instead of the upfront fee.
  
  Additionally, PPA Properties, LLC reserves the right to perform at least one pet inspection annually for all pet-approved units. An inspection fee of $75 will be charged and added to your tenant ledger.