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Updated over 3 years ago on . Most recent reply

User Stats

17
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Thomas Smith
  • North Buffalo, NY
6
Votes |
17
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Tenant Employment Status Question

Thomas Smith
  • North Buffalo, NY
Posted

I have a few applicants that I am currently sorting through for a vacant unit. I am leaning towards one over the other three due to prompt and respectful communication, arriving on time and following directions for the showing, nice personality etc. The applicant looks good on paper, and through our reference process, however there is one thing I am caught up on. He is not currently employed. He is a fully disabled military veteran and his disability compensation exceeds our income requirements for this property. I did not ask any specific questions about his disability status, but he did provide official documentation proving the lifetime compensation.

Should his unemployment be a concern?

  • Thomas Smith
  • Most Popular Reply

    User Stats

    2,285
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    Anthony Dooley
    • Investor
    • Columbus, GA
    1,995
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    2,285
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    Anthony Dooley
    • Investor
    • Columbus, GA
    Replied

    Why would they need a j.o.b if they have disability income that exceeds your requirement? I don't have a job because of the income from rental property. Isn't that the goal? Proof of income is what all property managers use, which is not necessarily W2 income.

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