Renting to graduting students

[Alex Ng]

Hi All, 

I got an application from 3 female students graduating college in May.  I also met them last week. it's a two bed unit that has been completed renovated. $1,600 plus utilities.  They have been roommates in college as well and seem to get along fine.

Application:

Credit scores are around 700s, no late payments.

They have jobs lined up in May.

Have assured me that they will take exceptional care on the unit.

I have letter of recommendations from school and previous employers. Obviously no previous landlords.  

I asked them what's their plan if one or two roommates decides to leave..they told me they are committed to staying in the apartment, however, if that were to happen, we each make enough income to cover the costs.

We will start calling their references this week.  Based on the information above, should I still require their  parent(s) to co-sign?

Thank you  Alex