Rental Property Investor · Member since 2018 · 42 posts · 10 votes
My property manager’s policy is for the landlord to ultimately approve potential tenants based on the financials and background checks they obtain and provide. I’ve never heard of this. Is there a basic ratio Successful PMs use? This is the first time I’ve heard of this. What are your thoughts, BP?
I've never done this before, this seems like something a good PM would be doing! Sounds like they are trying to shift the blame if they place a bad tenant on you for approving them! Might want to find a new PM...