New Graduate Room Renting without Job Yet - Advise?

[Tony Wang]

Hi BPs,

I am quite new to room rental and I would like some advise for a potential tenant who is a recent graduate, but without solid income due to not having a job yet.  Would you recommend co-signing from his/her parents and review the parents' bank stmts for adequate reserves?  What other steps and safe-guards would you recommend so that I can avoid the dreaded "E"-word?  I am in s. California and my rental is month-to-month rental, not long term lease.

Thank you all,

AW