We are delighted that you are interested in making this location your home. To assist you in making your final decision the following qualifications will be required from every prospective resident. 

APPLICANT QUALIFYING CRITERIA AND REQUIREMENTS

RENTAL APPLICATION: A rental application must be completed, signed, and submitted for each adult over the age of 18. The rental application(s) will be reviewed when submitted to ensure all information is complete to determine your eligibility.

IDENTIFICATION: Valid picture Driver’s License or State ID and SSN are required. Other accepted forms of ID are: Passport, Visa, Military ID, Permanent Resident Card, Consular ID, ITIN, etc.

RENTAL HISTORY: Applicant (s) must have a current rental history or proof of mortgage. No more than two late payments in a 12-month period, term of lease/contract fulfilled, and no more than two documented lease violations. If the applicant(s) have a bad debt to another community the applicant(s) will be required to pay an additional deposit/administration fee that could be up to a full month's rent and/or a risk fee. First-time renters may qualify with regular deposit/administration fee (special on deposit do not apply to first-time renters)

INCOME: Must be verifiable. Total monthly household gross income must be at least 3 times the total gross monthly income. If applicable, Housing applicants must make 3 times their portion of the rent. Proof of income is required for all applicants (pay stubs, W2s, tax returns, bank deposit statements, etc.).

EMPLOYMENT: Present Employment will be verified for the length of employment and salary. Applicants must be employed for at least 6 months. If employed less than (2) years with the current employer, we may also verify prior employment. Written verification from the employer is required. If an employment verification form is not obtained, the applicant must provide valid proof of income.

CO-SIGNER: Co-signer must not have any automatic rejections and adhere to all qualifying guidelines. The co-signers income must be 5 times their rent and the applicant’s rent amount combined.

CREDIT AND CRIMINAL BACKGROUND CHECK: A credit report and a background search will be processed through Patagonia Fund, LLC, or its agents.

CRITERIA FOR OCCUPANTS: Immediate family members under the age of 18 or legal dependents must not have any automatic rejections. All others 18 years old and up need to apply for lessee status and fill out an application.

OCCUPANCY STANDARDS: If the applicant(s) plus family or roommate(s) will occupy the dwelling, the family/roommate size must be appropriate for the home i.e. no more than two adults per bedroom in most circumstances per local ordinance.

Applicants may be denied for the following reasons: 

  • Falsification of application by the applicant (s)

  • Incomplete application by the applicant (s) 

  • Insufficient income 

  • Poor credit history of any applicant (credit report)

  • Poor rental history of any applicant (rental verification is obtained) such as; Non-Payment of rent or frequent late payments. 

  • Lease violations such as but are not limited to: poor housekeeping; poor supervision of minor occupants; unruly or destructive applicants, and/or applicant’s minor occupants or applicant’s guest; violence to a person or property by the applicant(s), etc.

  • More than two evictions in the past five years or more than 2 broken leases in the past three years

  • Applicants with certain offenses, regardless of the status active, probation, parole, adjudication withheld, and/or deferred adjudication

Credit History: Patagonia Fund, LLC and its agents reserve the right to reject the application of any individual with 100% negative credit, any unpaid rental housing debt, evictions, and more than 3 rental or mortgage late payments in a 12-month period. Foreclosures, closed bankruptcy, or medical collections are not counted against the applicant.

Criminal History: Patagonia Fund, LLC and its agents reserve the right to reject the application of any individual who has received deferred adjudication or conviction of a misdemeanor or a felony offense. Examples of these offenses include, but are not limited to, the following:

  • All ViCAP felony and misdemeanor convictions, and other felony and misdemeanor convictions: No time limit

  • Sexual Offenses: No time limit

  • Terrorism convictions: No time limit

  • Drug Possession or Distribution charges: 10 Years (Felony) / 5 Years (Misdemeanor) from completion of sentence

  • Cruelty to animal charges: 10 Years (Felony) / 5 Years (Misdemeanor) from completion of sentence

  • Theft of Property (Exclude by check): 10 Years (Felony) / 5 Years (Misdemeanor) from completion of sentence

  • Damage to Property: 10 Years (Felony) / 5 Years (Misdemeanor) from completion of sentence

  • Violence: 10 Years (Felony) / 5 Years (Misdemeanor) from completion of sentence

  • Injury to persons: 10 Years (Felony) / 5 Years (Misdemeanor) from completion of sentence


All applications will be reviewed on a case-by-case basis to determine if the applicant is qualified. If the applicant doesn’t meet the criminal background criteria, credit criteria, and/or doesn’t have sufficient or good rental history, it would be up to the manager’s discretion to approve the application, in such instance, the applicant may be required to pay a non-refundable risk fee equal to an additional administration fee or up to one month’s rent.

We support The Fair Housing Act as amended, prohibiting discrimination based on race, color, national origin, ancestry, physical or mental disability, religion, sex, age, familial status, marital status, sexual orientation, or unfavorable discharge from military service.