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General Landlording & Rental Properties

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Robert Curls
  • Investor
  • Clearwater, FL
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Rent to someone who Shortsaled their home

Robert Curls
  • Investor
  • Clearwater, FL
Posted Apr 9 2014, 06:06

Hello,

I want to get other peoples opinion on this. I'm in the process of renting my home in the Tampa bay area. I have an interested party but they've disclosed that they are shortselling their home. I haven't verified income yet and they haven't filled out my application. I intend to do a background / credit check. I'm also requiring a $2k lease performance deposit first months rent of 2K.

My question is, if they can verify that their income is 3 times the monthly rent, would you still rent to someone who recently shortsaled their home or had a foreclosure?

Is this a protected class of tenants?

Thanks for your feedback!

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