Considering renting to tenant with foreclosure.

[Craig Kent]

Have a possible tenant that has a recent bankruptcy and foreclosure due to previous health issues. Only negatives on his credit. Has a nice income and can pay deposit first and last months rent. Who else here would take this chance? 

[Jennifer A.]

I would take this risk.  I've had a couple tenants with short sales/foreclosures/bankruptcy.  I find that if everything else checks out, they are great tenants as you are one of a few that will give them a chance and they don't want to go through the process again.  I find that if they are upfront about everything rather than letting me discover it on my own, that is also a good sign.  There are a lot of very responsible people who will make great tenants who have foreclosures and such on their record due to an unexpected illness or injury.