Four steps, one outcome: the money that lands in your account each month stops depending on whether one household had a good year. Here is exactly what happens between the first application and the signed lease.
Almost nothing new. You list the unit, you show it, you pick the tenant and you sign your own lease. What changes is a single step in the middle — the file gets verified by someone with money on the line — and one line added at the end.
That matters because the part owners dread is the part that does not move. In Miami a single vacant day costs about $92, and the average turn runs 33 days — roughly $3,050 of rent that no process improvement gets back. Anything that adds two weeks to a lease-up is not an administrative detail. It is the most expensive thing on the calendar.
So the sequence is built around not slowing you down. The applicant's file goes out once, in one packet, and comes back with a decision attached to it. You are not collecting three rounds of documents from a stranger, and you are not deciding on a folder missing the one page that mattered. You still choose the tenant. Grenty decides only what it will stand behind.
The first is the week the file sits somewhere. With 19 renters applying for every vacant unit in this city, a file waiting on one more document is a file competing against complete ones. The second is the month after the lease is signed, when the rent either lands or it does not, and the only tool you have left is a three-day notice and a calendar.
Both get handled in the same place: before the signature. The verification happens while you still have options, and the backing is written into the lease as an addendum, so the month it matters you are reading a document rather than improvising. An eviction in Florida runs four to five weeks uncontested and two to three months when it is fought — that is the timeline you are buying your way out of.
Nothing about your listing changes. Nothing about your authority changes. What changes is that the weakest question in the file gets answered before you are the one who has to live with the answer.
Sources: RentCafe (Miami rental competition and occupancy, 2025); U.S. Census Bureau, ACS 2020-24 (Miami-Dade demographics and rents); CFPB (credit invisibility).
You or your agent forward the application. Nothing changes in how you list, show or choose. Grenty enters at the moment the file has to be verified.
Identity, income and history checked against sources fraud cannot print. Self-employment, 1099 income and applicants with no US credit file are evaluated, not discarded.
Grenty issues its decision and states the terms it will back. You see exactly what is covered before anyone signs anything. In minutes, not weeks of paperwork.
Protection attaches to your lease as an addendum. From day one the rent obligation has a company standing behind it, and every term lives in writing.
Nothing in your process changes except the one part that was never yours: the month after.
One file, one decision. The application goes out once and comes back with an answer attached. No second round of documents, no week lost waiting for a page that was missing.
You keep the choice. Grenty says what it will stand behind. Whether that person signs your lease is still your call, and your agent's, on every single deal.
One payment only. Rent Protection starts at $399 and is paid once, covering the entire lease term. That figure applies to rents up to $2,000 a month; above that it varies.
The moment an applicant you like falls short on a number. That is the decision point: pass on a tenant who would have paid, or keep the unit empty at about $92 a day waiting for a file that clears on paper.
That number is usually the same one. The three-times-rent rule asks for $95,760 a year against a Miami-Dade median rent of $2,660, while the median renter household here earns $56,328. Most of the city fails it by arithmetic, before anyone reads a word. Applying that standard literally in this market does not select good tenants. It selects a smaller pool, and a longer vacancy.
Before you list. Knowing in advance that a thin file can still be backed changes how you price the unit and how quickly you say yes, instead of turning every borderline applicant into a two-week debate with yourself. At the application. The file arrives complete, so your read happens once, on one packet, and nothing gets chased afterwards.
At renewal. A tenant who has paid for a year is a known quantity; a tenant whose income changed halfway through is not, and renewal is the one moment you can re-price the risk without losing a month to a turn. The cost side is deliberately simple: Rent Protection starts at $399, paid once, covering the whole lease term, for rents up to $2,000 a month — above that it varies with the rent, and who pays is agreed deal by deal.
No. Grenty attaches as an addendum to the lease you already use. Your listing, your showings, your agent, your association packet and your renewal dates stay exactly as they are today.
You notify Grenty and file a claim under the agreement instead of opening a collections case against a person. Timing, conditions and limits are written into your contract before you sign, so nothing gets discovered mid-claim.
Yes. An owner with one unit in Brickell uses it the same way a manager with a portfolio does. What gets underwritten is the unit and the approved tenant, not the size of your operation.
You do, on your side. Grenty runs its own verification and decides what it is willing to stand behind; you decide who signs your lease. Two separate decisions, and neither one replaces the other. Nobody can promise you an approval, and anyone who does is selling you something.
The basics of the deal: which unit it is, the rent you are asking, the term you are offering, and the applicant's file once you have one you like. How you list it, show it and choose does not change. The verification runs on the person, not on your paperwork.
Yes, and most of the time that is exactly who does. Whoever is already running the listing keeps running it: they send the file, they come back with the answer, they bring you the addendum with the lease. If you handle the unit yourself, you follow the same steps in the same order.
One conversation, no commitment and no paperwork. Tell us where your rental stands today and we will show you exactly what changes on your side of the table.
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