Potential tenant has bad credit and a DWI

[Jennifer Jackson]

I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. 

I checked her credit score and it was not great (595), has a history of some late credit card bills, and has a DWI. She said she's been living with her parents so I wonder if she just had a rough spot and moved past it. She also has $30k in student loans.

Is it a terrible idea to let her rent, even if I have a cosigner? Or should I move on to the next one? 

[David Avetisyan]

Whatever your criteria’s are, stick with it and follow them religiously. 

Co-signers are typically a bad idea and I’m not a big fan of them.

I don’t suggest you fall in love with tenants, just fall in love with your business model.

This young gal wouldn’t meet my criteria.

#DUXOV