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Updated over 5 years ago, 04/21/2019

User Stats

72
Posts
9
Votes
Lawrence Paul
  • Rental Property Investor
  • Montgomery County
9
Votes |
72
Posts

New Applicant makes 2.5x rental income - Q's?

Lawrence Paul
  • Rental Property Investor
  • Montgomery County
Posted

Hello again,

Curious if this tenant seems reasonable to you:

Rental on property is 1245/mo with tenant paying electric and gas.

Tenant makes 18/hr with a 11 month old baby, who's mother will watch when she is at work.

Husband currently lives in Florida (where they used to reside) and works a maintenance job and is trying to transition back to Pennsylvania.

Have not ran the background or credit checks yet.

Have had 7 walk throughs and this lady is the first to submit a formal application.

Trying to get the unit rented by 05/01 so I have zero vacancy, which is 11 days away.

This is my first rental, so any additional input would be neat.

Thanks!

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