Great Prospective Tenant, But Bad Credit Score?
We are first time landlords doing an owner-occupied duplex. We just had our first showing of the rental side yesterday and liked the potential renter. She filled out an application through Cozy.com and her background check came back spotless, but her credit is in the lower 550's. She told us she recently went through a divorce and is working to get her finances back in check. The issue mainly seems to be with her credit card payments. If she checks out financially with previous landlords (never been late on rent), should we still consider her? We were going to make 600 our credit cutoff. What questions should we be asking ourselves and the potential renter?