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In this video, Matt Leighton discusses seven common mistakes to avoid when applying for rental properties, particularly private rentals like condos and townhouses. The first mistake highlighted is negotiating rental terms before even submitting an application. Leighton emphasizes that many inquiries focus on price flexibility without having seen the property, which is premature. He suggests that potential renters should first view the property and submit an application, as negotiations should happen after showing genuine interest and providing necessary information to the landlord. This sets the stage for a more informed and productive discussion regarding rental terms.