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General Landlording & Rental Properties

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Alyssa Strom
  • Real Estate Agent
  • Saint Paul, MN
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189
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Gut check on potential tenant

Alyssa Strom
  • Real Estate Agent
  • Saint Paul, MN
Posted Feb 23 2016, 18:51

Hi everyone! 

First official forum question ... My husband and I are screening a tenant and I need some outside opinions. I've gone back and forth on this one. Married military guy who is stationed in town, but his family is moving back home (out of state). Sub 500 credit, makes 5x the monthly rent (brought his pay stubs), one great reference and one reference that said they had to move before their lease was up (military move) so he would never rent to anyone in the military again. The abrupt moving potential doesn't make or break the deal for me (except for in the winter) since vacancy rates are under 3% here. About the rental unit: basement studio (class C neighborhood, funky entry through the garage but sweet outdoor space and lots of light so not a total dive). Thanks in advance for any guidance! 

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