Best Practice for multiple acceptable applications

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I would like to resurface this question.  I just listed my first rental (single family home) and I am receiving many requests to fill out an application.  I am using which charges 40.00 and is non-refundable.  It's been 20 years since I rented myself and I have a poor memory.  If anyone can share some best practices, it would be helpful.  Is it normal for a renter to apply knowing they may not qualify?  I've had a couple who say they can't move in until a month later but still want to pay to apply... I can't imagine advising to not fill out an app, but at the same time, don't want to waste their time and money.  Also, first-come, first-serve or best qualified?  Any thoughts?

@Karli F.

I am in the same situation and also using

Curious to get insights from others. The way I interpret MN law also is that application fees are refundable if the applicant qualifies but you accept another qualified applicant if processing multiple applications at once.

Guidance from our attorney was to only process one application at a time.