Accept or deny?

[Matt Smith]

Tenant sent me an application to rent my property:

- his income is $18K/year but the rent is $3.1K per month! 

- but….tenant has a local business and said he doesn't pay himself much salary

- tenant is willing to pay 2 months deposit to move in

- credit is ok

Should I accept or deny? What document(s) from the business should I get? 

[Account Closed]

More than likely his business is paying a lot of his expenses, which is not unusual for people that are self-employed. I would ask to see his last 2 years' business tax returns. His business may make a lot of money.