Thoughts on tenant using offspring's SSI to count towards 3x

[Jeff Lee]

Potential applicant wants to use the SSI of his/her offsprings to count towards the 3x rent/income requirement.

Thoughts?

[Erin Fuhrmann]

We've had a few tenants use this as part of their income requirements. My main thinking with this is a case by case basis. If this is a 10 year old child and they have no history of losing custody, then yes your can assume that this is a guaranteed income for approximately 8 years. Also I have had a 34 year old man living with his mother because of a handicap. They can be a long-term tenant, because #1 change is hard on special needs, #2 by that age they have found the budget/life formula that works for them. In essence I say take this as a case by case basis. Be realistic, don't fall for a sob story, and also don't judge because a parent is using that income to justify rent. (special needs children are a job/sacrifice that few can comprehend).