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Updated over 7 years ago,
Minimum income requirements
Hello,
If I would like to rent my SFR for 1600 a month, the minimum requirement would be monthly gross income 3 X 1600 = 4,800.
I'm assuming there's 160 work hours per month ( 4 weeks X 40 hours ).
If they're making 30 per hour gross income, 30 X 160 hours = 4800 monthly income.
If my calculations are correct, Is it okay to tell prospective tenants a $30 per hour steady job is required?