Unemployment count as income
Alright. Got the first purposeful rental property bought and rehabbed. Now we are looking for renters.
We are including in our advertising that we are looking for tenants that have:
1. Income 3x or more of monthly rent.
2. No evictions.
3. Clean background.
4. Good credit.
We are doing this in hopes of ridding the tire kickers.
I had someone call today and ask if unemployment benefits count as income...I told him I needed to ask the owner and would get back to him.
What do all think?