A bad tenant can easily cause more than a year of rent if damage.   

But here is the catch, they are moving from state to state and have no jobs lined up yet AND their credit is in the mid 500s due to missed payments, some as recently as 2 months ago.

Even in a non-recourse loan, the KP will sign for "bad-boy carve-outs" and that KP's experience and financial position is looked at to SOME extent. 

Their applications were fine, but I just got a bad feeling about them and turned out, I was right.   

In some areas it is hard to find high credit score tenants.

Using a tiered deposit system based on credit score can be risky legally if it's not applied uniformly.

Just curious how others walk that line.Would love to hear your thoughts, insights, or stories (good or bad).It can be the best deal on paper, but it only comes to fruition if it gets finished.

This "maturity drag" now represents 75% of all CMBS delinquencies, revealing a market fundamentally broken in its price discovery mechanisms.Three forces are driving this paralysis: the remote work revolution has made office valuations a moving target with sparse transactions providing little benchmark clarity, macroeconomic uncertainty around Fed policy and tariffs has frozen stakeholders on both sides of deals, and even when consensus emerges, deal complexity and reputational risks create execution bottlenecks.The shift in credit metrics tells a deeper story.

MoFin clearly couldn’t accept the criticism and retaliated by publicly disclosing my personal information— all because I left a bad review. 

Do Not Misrepresent to the LenderIf the lender asks about gifts, credits, or third-party payments, you must disclose.Failure to disclose could be considered mortgage fraud.