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Updated almost 2 years ago, 01/28/2023
Rental Income Requirements
Was browsing the forum and saw something I hadn’t thought about.
With a 3x income requirement, how do you account for the fairly large number of prospective tenants who are in areas like sales, where their commissions are the majority of their pay? I guess waitresses and such would be in a similar situation. Do you require 2 years tax returns or something to verify the income?