Tenant Prospect

[Rick S.]

I have a tenant prospect (family of 4) that need to rent my place out for 8 months because renovating their current home. After the 8 month term, the lease will go month to month until they move out.

During the screening it seems that the husband and wife carry a lot of debt, mostly mortgages and cars. They own their own business so the income is very low (I assume this is purposely done to avoid taxes). They earn money from their business about $60k combined and have another $62k in rental income. Their credit report is good, average scores are 688 and 705 (husband and wife). The history on all of their accounts is excellent, only 1 delinquency for less than 30 days.

How much weight should I give a good payment history versus debt load vs. income?