General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Approving applicants based on income
I am a new landlord with my first application. I use an online service that does background checks and credit checks with a fee. Two people applied, 24 hours apart. I like both applicants.
Applicant #2 has double the monthly income than that of applicant #1. Applicant #1 barely meets my income requirement, but she does meet it. Applicant #2 obviously far exceeds that.
Am I legally obligated to accept applicant #1 because her application was in first and she technically qualifies?