If you have received many applications, and need a little time to choose your next tenant, you can mark the property as "Reserved". You mark your rentable as reserved under “Advertised rentables''.
In this way, new tenants can not contact you, and you can continue your dialogue with property seekers who have already contacted you.
If you want to receive more inquiries, you can easily cancel the reservation again.
If, on the other hand, you have found a tenant, you must instead mark the property as ‘rented out’. You will also find this function under "Advertised rentables".