Applicant has State and Fed Tax Liens on Credit Report

[John Lindemann]

Good Morning BP!

Thank you ahead of time to all responses!

I have a large home that has been very difficult to rent in winter.  Competitive pricing and tons of marketing has only brought in a small pool of applicants.  

I have an applicant who by all measures meets our minimum qualifying criteria including credit score, however he has state and federal tax liens on his credit score.  I've read widely varying opinions from landlords and lawyers about this.  Has anyone else dealt with this?  What precautions should be taken or should I pass?

Details of the lien below in case they matter to your response.

Details : Applicant owns 5 business franchises and is successful there.  Several years ago, a different franchise he owned defaulted on their taxes at the corporate level.  In order to pay, the corporate debt, each franchise was charged ~$250K.  He fought this and now has liens on this personal credit due to this issue as well as a lien on a home he owned at that time.  (All reported by applicant and to be confirmed by applicant's lawyer).

Thank you again!