Should I rent to them?

[Jay V.]

I have been trying to rent out my second property now for a month and have not had very good luck. The area is not the greatest but in a good school district. I have had 3 people ask for applications and then never heard back and the only feedback I have received is that it's a bad neighborhood and they don't want to live here. I now have a younger family that wants to move in, they both have jobs and 2 kids but, the father had a domestic felony in 2012. Is this usually a deal killer for you? I don't want to be desperate but I do need to rent this house out. The mom has a great job with the city. I'm also starting to think that this is the only kind of tenant that may be interested.

[Jackson Carr]

Rent it Month to Month. If it gets bad then let them go and you are right back where you started. Now with 1 or 2 months of rent in hand, and save up any cash flow to help you float. 

*This is an purely an opinion. If you bring in someone with a record into your unit it is at your own risk. 

Good luck,

Jack