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Updated almost 5 years ago,
Potential Rental scams
I am managing a rental property for family as i live a block away and have one apartment (duplex building) rented. The renter is moving in from out of state and has a job offer. I've done a credit and background check and have verified the tenant, past landlords, etc. I have the other unit and a prospective tenant is also stating they are out of state (from FL) and want to move in. Other than getting suckered in with a Nigerian Prince (or variants) scam, is this a common occurrence or did I just lucky/unlucky?
Of course the concern would be that the tenant either doesn't stick with their job or gets fired, but how do i protect myself/property? Ask for higher security deposit?
Thoughts?
Tom