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Updated over 15 years ago,
How far do you go with backgound checks?
I have a perspective tenant who looks good on paper. He's already revealed a past bankruptcy and explained how it came about (his employer was located in the WTC and when it went down, the business folded. He tried to find another job but the economy in NYC was devastated. He moved his family to AZ but debts followed. He filed bankruptcy a few years ago. But, they currently own their own home and he has a good, steady job. Wife has a steady job as well - both over 3 years. They are selling their house due to high interest rate because of poor credit and downsizing in hopes of rebuilding credit and eventually buying again).
Work checks out for both of them.
So, how far do you go in doing background checks? I am registered through mrlandlord to do background checks and they offer several options. I think i just need to do a credit check and eviction history? But, the eviction history is going to be for Arizona and I already know they've only been here 3 years and owned their home here - never rented - and prior to that, lived in NYC.