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Tenant Screening Guidelines
Hey Everyone,
My partner and I are working on our tenant screening guidelines for the property management portion of our business, renting properties in generally C+ and above neighborhoods. Some things we have included that we have seen common include:
- Makes 3 times the amount of monthly rent payment
- Has 3 or more good years of rental references
- Has no prior evictions
- Has not made excessive late payments
- Have not filed bankruptcy or been foreclosed on in the last 5 years
- Has a good credit score (any one have any specific number they don't typically go below)
- Does not have any drug, violence, theft, fraud, capital or sex offender convections
- Has no breeches of leases
- Has no history of damage to property
- Must be neat, clean, prompt and courteous
Any one have any others they would add to the list? If so which and why?
Thanks in advance!