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Updated almost 6 years ago, 01/14/2019

User Stats

9
Posts
40
Votes
Carson Kesner
  • Flipper/Rehabber
  • Youngstown Ohio
40
Votes |
9
Posts

Tenant Wants to pay entire years worth of rent but...

Carson Kesner
  • Flipper/Rehabber
  • Youngstown Ohio
Posted

I showed a rental today to a possible tenant, who for all intents and purposes, checked all the boxes, they agreed to sign a 12 month lease @$1000 a month and pay $1000 security deposit. Non smoker, no pets, makes 70K a year. They even went as far to offer to pay the entire years rent and security deposit up front. 

This my first property so my experience is exactly zero. There is no norm for me.  Some form of intuition is telling me though  if a person is waving around money like mad, they probably don't have much of it. 

With that being said, I started digging a little more and found out the tenant is in the middle of a divorce. He made it clear that they do not plan on staying past 12 months. I don't have a problem with finding a different tenant in a year but I am curious to know if divorce lawyers (in ohio) are going to come looking for a pile of missing money that just so happens to equate a years worth of rent and a security deposit.  If and when they do find that missing money, can they forcefully take it back? 

What would a seasoned Landlord do here? walk away from it? rent it out? Any input is appreciated. 

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