New Tenant application with $260,000 debt
WE have a house for rental for $1499 a month, its been out there over a month. We have one applicant with income $7200 a year(Not verified yet) with 660 credit score, though this person is in $260,000 debt. We can't tell exact payments a month that this person is making towards debt, however estimate is about $3600 a month. Also told me that the company will reimburse rent for 12 months.
I am thinking about asking for Company verification letter about reimbursement.
Credit score is not bad, just little concerned about debt. Has anyone dealt with a similar situation? Any advice would be appreciated.