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Updated about 5 years ago on . Most recent reply

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8
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5
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Tom Raddatz
  • Lancaster, OH
5
Votes |
8
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Promise Letter from LSS Faith Mission for rent and deposit

Tom Raddatz
  • Lancaster, OH
Posted

Does anyone here have experience on the receiving end of these? Is it reasonable, customary, advised, or none of the above to allow a tenant to move-in based on the promise letter alone? Or should I wait for the check?

Situation is, I have a family who I've vetted and approved for my rental. He is working, and she is pregnant, on maternity leave, but otherwise, she works. They needed assistance to get a bigger place. The case worker tells me her landlords often allow move-in based on the letter alone, but, it's new to me, so I'm wary and cautious.

LSS= Lutheran Social Services Network of Care.

Thank you!!

Most Popular Reply

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12,386
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15,031
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John Underwood
#5 All Forums Contributor
  • Investor
  • Greer, SC
15,031
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12,386
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John Underwood
#5 All Forums Contributor
  • Investor
  • Greer, SC
Replied

I don't let anyone get keys until 1st month and deposit is paid in full. If they can't come up with the money this is a huge red flag. Look for another qualified tenant that can pay the move in money.

  • John Underwood
  • Loading replies...