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In this video, Matt Leighton outlines seven rental application mistakes to avoid, primarily for condos, townhouses, and houses owned by private owners, but applicable to apartments as well. The first mistake he highlights is negotiating rent before applying, emphasizing that potential renters often inquire about rent flexibility without having seen the property or submitted an application. He suggests that negotiation should occur at the application stage, as it's crucial to first establish genuine interest and demonstrate a suitable credit history before discussing rent adjustments.