I have two potential tenants but not sure which to choose!

[Anders Nordberg]

So I am currently looking to replace my old tenants in my house hack and have gotten a lot of interest.  Roughly 70 people have reached out to me to see the property!  I have had a few showings and today got two applications for the house which is exciting.  However I am having trouble deciding of the two I have which one to proceed with.  Potential tenant 1,  is a group of 3 young working professionals which collectively make around 106k per year.  The three salaries are $45,000, $21,600, and $40,000.  The two making 45,000 and 21,600 each split a apartment for 1800 right now and my apartment is 1800 for all three so they would be paying lower then what they are currently paying each month.  However, they are young and I would imagine might leave in a year or so.  Tenant 2 is a couple who have lived in their previous apartment for 7 years.  They collectively make as a household make around 65,000 in verifiable income.  The tenant says that she started a massage business in November 2020 (I know seems to be a bad time for that) and makes 2,000 a month so not sure if I can really count that.  These tenants though said they would prefer to sign a two or three year lease.  Which would be nice to know I would have less turnover but these tenants do not have the same financial backing.  My qualification standard is 3 times the rent so that is 64,800 so tenant number 2 barely makes it income wise but would have less turnover.  Tenant 1 has a lot more house hold income then needed for the rent but might move within a year.  So should I go with tenants that have a much better income or with tenants that are more likely to stay for the long term?

Here is a copy of the add if you want to see it!


(3) Marketplace - 4 Beds 1 Bath Apartment | Facebook