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In the video, Matt Leighton discusses 7 common rental application mistakes to avoid, primarily for condos, townhouses, and houses owned by private landlords. He emphasizes that prospective renters should refrain from negotiating rent before applying. Many potential renters ask if a property is still available and if there's flexibility on rent without having seen it first, which can come off as presumptuous. He suggests that negotiations should occur when submitting the application instead. The importance of demonstrating seriousness through the application process is highlighted, as it can influence the owner's willingness to negotiate.