Tenant offering to pay 12 months upfront

[Nathan Darcy]

Have any of you ever had a tenant offer to pay you 12 months upfront? It sounds like the potential tenant is selling their house. They are also self employed but showed low income (technically does not meet our monthly income requirements). Thoughts? Pros/cons?

Thanks in advance

[Theresa Harris]

A number of people have asked this and if you use the search function, you can see replies to those posts.  Basically if someone is offering to pay 12 months in advance there are a lot of red flags that go up.  Don't do it.  If you aren't willing to take them as a tenant paying one month at a time, then find another tenant.