Tenant credit report - good score + high debt?

[Neal Boroumand]

I am currently screening tenants for an upcoming vacancy.  I found a tenant that initially sounded great, but some details on their credit report worry me.  While their credit score came back as excellent (~720), they have a large amount of debt (~260K total).  There's about 25K credit card balance, 60K car loan, and the rest all unsecured debt from various banks or online loan agencies.  All of these loans were taken out recently in the past 3 years, one as recently as 3 months ago.  Overall, it totals about 9K/month in payments.  However, the tenant has no missed payments, and has been employed as a Nurse for 10+ years with a current salary of 230K/year.  I'm not used to dealing with high income applicants like this, and not sure if this is something to worry about.  I plan to ask them more questions about this, but wanted to get some advice from others who may have more experience with this type of applicant.