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Updated about 1 year ago on . Most recent reply

User Stats

41
Posts
26
Votes
Lionel Quiambao
  • New to Real Estate
  • Rancho Cordova, CA
26
Votes |
41
Posts

Screening MTR Tenants

Lionel Quiambao
  • New to Real Estate
  • Rancho Cordova, CA
Posted

Hi all, I'm looking to open my tenant pool to all kinds of MTR tenants, but I'm curious as to how to screen tenants received through an insurance claims contract? Do you still screen these types of tenants? I assume the answer is yes, since the tenant(s) is/are still responsible for the property and any damage that may occur. Would you just leave out the income requirement since the housing agency is covering the rent? Also, would their credit score matter in that case? Probably not, but would like some confirmation please.

And I'm curious as to if there are any major differences between screening LTR tenants vs other MTR tenants? Would it all just be mostly the same: general background check (including prior evictions, lawsuits, etc), credit check, income verification, landlord references? Let me know if I missed anything crucial as those were just top of mind.

Thank you all in advance for taking the time to read this and/or give a response!

  • Lionel Quiambao
  • Loading replies...