Ok so the last potential tenants decided to change their minds about leasing the house. I had received a $200 non refundable payment from them and I accepted their lease. They weren't too happy about it but I explained that if they changed their minds and I accepted their lease, the money is NON REFUNDABLE. I just sent them a copy of the paper they both signed so thats done I lost a week with them and it was a hassle to verify their information.
I marketed the property for rent on craigslist again and a couple that just moved from Arizona to Texas put down a deposit to hold it as well. They both have been working at their jobs for only 3 weeks but make considerably good income. Their credit is a mess with $24k in debt but have been making payments on time. I will be calling their previous landlords in Arizona tomorrow but I really don't know if I should accept them. They are both nice but I learned from going to the REIA meeting last weekend to be firm and that I was. I let them know that we give 2 days grace period and on the 3rd an eviction notice will be placed on the door. Anyone have any insight on renting out your properties if their job history is only 3 weeks. They both were making good income back in Arizona but this worries me.
