Startup rolls out online rental application tool

Free service allows property managers, landlords to manage tenant applications paperlessly

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Chicago-based startup Rocket Lease has launched a Web-based, paperless rental application service for landlords and property managers.

Users can list properties and handle applications for free on Rocket Lease’s mobile-optimized site, which works well on iPads and iPhones, according to the company. The company charges a fee for credit reports ($15) and background checks ($35).