Quote from @Raymond Kalonji: Hello, I have decided to welcome section 8 applications for my rental, but I'm wondering if my screening criteria listed below are unrealistic for applicants:- Minimum credit score: 640.- Minimum household income: 90,000 $USD per year (Can be waived with Section 8 or HCV voucher). - Minimum rental history: 2 years (please provide references).

Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

Application screening is not a pass/fail.

After a rehab budget of $20k, We resold for $355k which was the highest recorded sale in the community EVER!

After a rehab budget of $20k, We resold for $355k which was the highest recorded sale in the community EVER!

@Charles Evans, definitely keep all paperwork associated with your tenant (lease, receipts, etc).For expenses that are not split per unit but are for the entire structure (utilities if not separately metered, mortgage interest, etc), keep a record of those payments so your tax pro can deduct a percentage of them for the unit you're renting.

Every adult must be screened and approved, period.Here's a detailed guide on how to screen applicants: Application Screening Guide

Try to screen for a higher quality tenant next time.

Run a credit/screening report on yourself.

We rely on these kinds of records to make decisions.