4 roommates with 1 needing co-singer for single family home

[Amy Lin]

Hey guys!

I have a single family rental home in Texas and this year we are getting 4 recent grads moving in. My experience always has been renting to families so I am not sure how I should go about doing this with renting to roommates. 1 roommate stated that his dad can co-sign for him since his income is lower than the others. In this case, how do I structure the lease agreement so that his dad is only cosigning for his portion of the rent and liability? Do you use the standardized Texas residential lease for this type of roommates situation? Thank you so much!

[Tim Herman]

@Amy Lin unless you are renting out individual rooms you want all tenants to be liable for the whole rent. This is most common in leases. Your job is to collect the rent and their job is to pay you. Why make it harder for you to collect the rent. One check one deposit. They can arrange how to make the payments to you.