Prospective tenants with low credit history

[Bhaskar Upadhyayula]

Hello All,

I would like your advise on renting a property to prospective tenants with low credit history. 

I'm trying to rent a SFH in Austin for prospective tenants with low credit history (600 and below). Their income is more than 3X monthly rent and looks a steady job. Their criminal and rental history is clean and looks good too. However, the credit report shows high balances and one tenant has few unpaid collection agency amount.

For me, this is first time renting this SFH. So, any advise from your experience will be very helpful.

Thanks.