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Updated over 6 years ago,
Income Requirement Question
Hello all,
I am wondering if the 3x the rent income rule applies to the entire household or each individual tenant. I have 3 friends/roommates looking to move into one of my units and 2 of them make 4x their portion of rent but one only makes 2x her portion of rent as she is a student finishing up school.
I am worried about that single roommate not being able to truly afford the place.
Any thoughts?