Smartmove Tenant Screening Question - Cosigner?

[Matt Rathburn]

This is my first time using Smartmove. The situation is I have a potential renter, she submitted an application and Smartmove and I'm not impressed for a number of reasons, inlcuding: 3 felonies for theft and fraud (more than 10 years ago), she only makes 2.5x the monthly rental amount, she's a bartender so her reported income is questionable, and the last red flag is she is in a serious rush to move in because her previous landlord supposedly sold the home she was renting. So obviously she is an easy denial. The questions is she has found a cosigner who will put up the $5,000 down payment and has agreed to sign all documents that the rent will be paid. This cosigner receives a monthly pension that is more than enough to cover his home payment as well as hers. I'm a new landlord and I'm wondering, is this something I should consider or should I just walk away? -- Matt