Rookie Investor seeking advice with tenants!

[Brett Berger]

I have a tenant whose father is on the lease because the father has great credit and always makes the monthly rent payments on time. The father is asking to be removed from the lease because he is looking to buy a secondary property and is concerned that having the lease in his name will impact their debt ratio/monthly liabilities which he believes will affect his mortgage possibilities. The father is asking if there is a way he can be removed from the lease and/or if he “can add to the deposit or pre-pay.” The father will continue to pay the monthly rent. Has anyone experienced something like this or has any advice?