First, when looking for a new rental, come prepared. Fill out any rental applications completely, have a current copy of your credit report, as well as written references from prior landlords, employers and work colleagues. If you know you have credit problems in your past, admit these honestly and provide bank statements and pay stubs if needed to prove that you can afford the rental you have chosen. Experts suggest keeping your housing costs to a maximum of 28% of your monthly income, so look at this guideline when considering rental options.In a competitive rental market, these preparations may help you get the rental you want, and in a less competitive market, coming prepared will help to start your relationship with your landlord on a positive footing.

Review the lease or rental agreement carefully. If you disagree with any conditions in the lease, negotiate these with your landlord. The landlord may be willing to negotiate issues such as pets, guests or home businesses.Look at the length of the lease, terms for breaking the lease, and landlord and tenant responsibilities. Request any changes to the lease in writing prior to signing. Find out under what circumstances the landlord may enter the rental, and how repairs will be handled.

When you move into a new rental, take time to do a walk through of your new home and note any damage. Consider taking date stamped photos or videotaping and providing copies to your landlord as well, especially if they are not present for the walk through. Your landlord should not be able to keep your security deposit for routine wear and tear, including repainting and carpet cleaning. After you move out, your landlord should provide you with an accounting of any repair expenses, and a refund of your security deposit within 14 to 30 days.Disputes over security deposits are common, unfortunately.

Finally, protect yourself. Renter's insurance is affordable, and will cover your belongings in case of damage or theft. Your landlord's homeowner's policy covers the home itself, but not your property. If crime is an issue in your area, look at your state's legal statutes, and request additional locks or safety devices from your landlord. Appropriate measures, including locks on doors and windows, are a typical legal requirement.

Renting can save you maintenance and worry and may be a necessity in the years as you save for a home of your own. If you prefer apartment living, you may be renting for many years, or perhaps you can no longer care for a home of your own. With care and forethought, your new rental can be a comfortable home and you can maintain a positive relationship with your landlord.