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General Landlording & Rental Properties

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Steve Burrell
  • Investor
  • Denver, CO
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Higher Risk Tenants?

Steve Burrell
  • Investor
  • Denver, CO
Posted Dec 1 2017, 06:56

First post guys!  

My question has to do with higher risk renters.  I recently purchased and improved a property, and listed it for rent.  The response has been very good, with several interested renters.  

The problem I am encountering though, is every single one of them has some kind of red flag.  Bankruptcy, eviction, very low credit score, no SSN#.  

The place has been listed for just over a week.  In anyone's experience, should I hold tight and hope that a more perfect tenant situation arises?  Or should I just ask for first/last/deposit or 6 month lease situation and hope for the best?  Are there red flags here that are more serious than others?

Thanks!

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