First time screening tenants - need advice

[Ashley Cann]

So, my husband and I finally finished renovating our basement into a two bedroom apartment.  We have one application so far, 2 young men, 22 and 23, first time renters.  One of them has good credit, the other not so good.  Their combined income more than satisfies our criteria, but the lack of rental history and the bad credit on the one guy makes me wonder if we should pass on these guys.  The only way I would consider them is if the parents of the low credit score applicant will cosign for them.  Or should I have both of their parents cosign for them since neither have rented before?  Or should I just pass on them a wait for another application to come in?

[Ashley Cann]

I just wanted to thank those of you who replied.  We went with other tenants.  Got it rented for $1300 a month.  Yay!  Signed the lease yesterday and got first and last months rent.