Prospective tenant offering to prepay rent

[Adam Rey]

Good Afternoon BP universe. Working on my first single family rental in Charlotte, NC. Wondering about a prospective tenant who is squeaky clean other than saying he is moving to the area recently to look for work, but hasn't found a job yet. He is willing to prepay 1 year of rent. I can think of no good reason to approve this person or why someone would be willing to do that for "legit" reasons. Read the BP book Guide to Managing Rental Properties, and it seemed advised against tenants of this prepaying nature. To me willing to prepay a year of rent without a current paystub offering job screams drug dealer. However background and credit checks and references do seem to all be clean and positive. Previous paystubs show his job had previously made well over 3x the monthly rent. My gut is to deny the tenant and cite the current monthly 3x income requirement, but was looking for a second opinion to ensure I'm not crazy.

Sincerely appreciate any advice,

Adam