New Tenant application with $260,000 debt

[Sharon Miller]

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.

 

[Lee Ripma]

@Sharon Miller

If it’s student loans and the renter is a professional in that field I think it’s okay. Defiantly verify the other stuff though.