Co-signer when not meeting income criteria

[John D.]

I'm renting a property for $1600. A couple wants to rent but one of them has income of $19k while the other is attending college full time to get Physical therapy certification so no income. They have 10k savings. Mother is willing to be a co-signer to meet the income criteria. What are the risks of renting to the couple with a co-signer? What documents does the co-signer need to sign? Who is responsible if rent is not paid? Any differences in eviction procedures to be followed with a co-signer? I'm in California. Anything else I need to be careful about? Thank you John

[Jimmy Chao]

I agree with @Peter Tverdov move forward and look for other tenants. But if you do decide to allow cosigner to vouch for tenants
draft an airtight lease agreement outlining the responsibilities of everyone involved.