potential tenant with high income and many collections

[Ping W.]

I have a potential tenant who is a CEO of a small company so he has high income but I found 6 collections account when check his credit report. Many of the collection account has a small balance. He could easily pay off all the collection account in one month with his salary.  Also he has many account balance exceeded his credit limit. 

He told me his company is going to pay his rent and his personal references who are also his partners of the company are saying the same thing. His girl friend who is going to move in with him got 20 collection account too and many of them from student loan. 

Should I rent to him? Is there any way I can protest my property? If he can setup a direct deposit, will that be OK. He looks decent and it is a slow season, I really would like to make it work.

Thank you in advance for any advice you can provide!

[Russell Brazil]

I would much rather rent to a low income person who pays their bills (rent) than a high income person who doesn't pay their bills.