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Updated almost 5 years ago,
Newbie needs help picking the right tenant
Finally after a week of having my property on a market i have 2 application and i can't see to pick one. Also, this is my first rental ever so wish me luck. So here is the scoop: the rent amount is $1275. 2.5 time the rent no criminal
applicant #1- older gentleman with his step daughter and 2 kids. gentleman has 3 different income.
income A - $400 from new paper delivery
income B - $1573 from disability
income C - $600 from pizza place
Credit score 634
Obviously he won't qualify by himself. His daughter works at best buy make $2000 per month which will not qualify her by herself either beside her score is 504 or something and 2 bills in collection ( red flag) . The girl just got out of a toxic relationship and moving in with the father. My worry is that the girl might split at any moment. together they make a lot over the 2.5 time the rent.
Applicant #2
Older lady in her early 40s no kids no husband. works as a nanny full time ($2800) and work part time as care giver to elderly ($975) and her score is 675. she seems like a better choice.
I would really really really appreciate any input!
Thank you