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General Landlording & Rental Properties

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Kenneth Sok
  • Investor
  • Houston, TX
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61
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One perfect, one not so much. What would you do?

Kenneth Sok
  • Investor
  • Houston, TX
Posted Apr 29 2016, 17:08

I have an applicant family for one of my rentals. I've been following the 4 criteria. 

- 3x rent < income

- Good references

- clean background

- No evictions

So far, the wife passes all criteria.  The husband though has one eviction in 2013. He passes all the other criteria though. I feel like this is a gray decision. According to his background check, it looks like he had some financial difficulty in 2013 and 2014.

What are your thoughts on if I should rent to them? And if so,  would you put any other contingencies or requirements? 

Fyi: rent = $1450

Neighborhood is a B- in Houston

Thanks in advance!

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