Would you approve an applicant with a big advance rent payment?

[Bob H.]

What do you think of this rental applicant?

Cons: A bankruptcy "less than a year old" (I'm not sure if that's since filing or since discharge), no recent rental history because he was a homeowner, a new wife from his native country joining him soon with her child, and a poor financial condition reportedly from an ex-wife who ran off with the money.

Pros: A seemingly stable but not particularly lucrative corporate job, apparent sincerity about starting a new life, and willingness to put down $10,000 on a one-year lease for $1,550 a month. After part of that advance is applied to the security deposit, the rest would be used for rent in equal installments, leaving $842 to be paid monthly. That amounts to 28 percent of the applicant's gross income, with no other recurring payments.

Should I give the guy a break or find a more conventional tenant?