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Updated about 4 years ago,
Seattle - renting downstairs unit
Hello,
My wife and I recently bought a house in Seattle. We are living in the top half, and are just finishing up some work on the basement unit so we can rent it out. I am hoping for some advice, or links I can go to to learn more about creating a solid lease, and legally screening applicants.
Here is the order in which I plan to get these tasks done. Please let me know what I'm missing, or if I should go in a different order!
1) Come up with the minimum screening criteria (suggestions? Income must be 3x rent, minimum credit score, what else?)
2) Prepare a lease (any good templates for Seattle? I have a sample from a friend but I'm not confident it's fully compliant with Seattle regulations)
3) Advertise the space