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Updated over 6 years ago,
tenants must make 3X the monthly rent in an expensive market.
From what I have researched and learned one of the pre screening rules it that a tenant must make at least 3x the monthly rent which is a logical rule that makes sense. but what about an expensive market where rents are $1,200 to $1,500. a month. It seems a little ridiculous to me to require tenants to make $3,600 to $4,500 a month, That is a very high income requirement that not a lot of people will qualify for, and if they do would they really be renting in the first place.