Potential tenant has bad credit and a DWI
I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property.
I checked her credit score and it was not great (595), has a history of some late credit card bills, and has a DWI. She said she's been living with her parents so I wonder if she just had a rough spot and moved past it. She also has $30k in student loans.
Is it a terrible idea to let her rent, even if I have a cosigner? Or should I move on to the next one?
Most Popular Reply
Whatever your criteria’s are, stick with it and follow them religiously.
Co-signers are typically a bad idea and I’m not a big fan of them.
I don’t suggest you fall in love with tenants, just fall in love with your business model.
This young gal wouldn’t meet my criteria.
#DUXOV