General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Selecting our first tenant... need help
We just listed our first rehab property for rent on Oct 20 and have been receiving applicants who want to move in early Nov. I know this in itself can be a red flag. It's obviously tempting to move someone in and collect rent for November but not worth it for a bad tenant. This is a probably a low B or c+ area.
Are there circumstances where you will accept tenants with a low credit score / collection accounts? If so, what are they?
What about misdemeanors on their background?
What if they were willing to pay first & last mo rent up front +security?
Looking for insight as this is my first time placing a tenant!!