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Updated about 2 years ago on . Most recent reply
![Sarah Buchanan's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/523248/1621481242-avatar-sarahsmiles88.jpg?twic=v1/output=image/crop=214x214@25x0/cover=128x128&v=2)
Screening Tenants: Gross vs Net Income?
I have a married couple prospective tenants that look ideal; credit scores above 800, previous homeowners, etc. Rent is $2400/mo so I require $7200/mo income. Husband is currently unemployed (due to COVID) and wife makes $10k/mo gross but only $5800 after withholdings. So they meet the gross income = 3x rent but not the net income = 3x rent. Husband is currently collecting unemployment and plans to get a job but I don't generally consider unemployment in my income. Thoughts?
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![Terrell Garren's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/689266/1687203732-avatar-terrellg3.jpg?twic=v1/output=image/crop=745x745@53x0/cover=128x128&v=2)
They had me at 800 lol. Not really though. I keep my rents around $100 below market and look for good tenants that stay for several years. Turnover cost $ and interrupts important stuff like fishing and goofing off. I'd decline since my gut tells my they will buy and move in a couple years.