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Updated almost 4 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Ryan Stockman
  • Rental Property Investor
  • Cleveland, OH
2
Votes |
4
Posts

Qualifications / Requirements

Ryan Stockman
  • Rental Property Investor
  • Cleveland, OH
Posted

When meeting requirement such as income, do you go based on combined income of all applicants? Does it change based on relationship? For instance, do you require it differently for a Married couple as opposed to 2 friends renting together? What happens if they fight and one leaves the property and the one remaining didn’t meet the income requirements alone? Does anyone know the law on this in Ohio? Typically, I Like all applicants to meet the income requirement as if they will be renting alone. Is this not the way it should be done? Also the same goes for credit score. What if one has the minimum requirement of 620 and one has just below. Do you deny the person with the one lower than the requirement even though they are renting together? Any advice would be greatly appreciated. 


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