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Updated over 3 years ago,
Tenant Screening for student housing
My wife and I are in the process of closing on a house that will be lived in by our son while attending college. It is a 4 BR, 2BA. We plan on trying to find some other students to live with him while there. He will act as our eyes and ears of course. We currently own five rentals and have a solid tenant screening process, but this specific situation is new to me. I'm just wondering do we set aside the credit score and income requirements since these are students? We are only listing the property through the university, so there will be no non-students applying. Do we run the credit score and income through the parents and make them sign the lease? Curious about if anyone has any history with a situation similar to this.
Thanks