That is why they didn't pay the last month's rent-they used that as a deposit on the new place.get it cleaned up and renovated and move on as Charles suggested. 

As Charles said, how does the rest of their background and credit check look? 

In the example above that would be $100K*80%= $80KYou can apply for a HELOC at 80%, use that money and pay off the credit card debt or at least most of it.Important final point, and I think that is what Caleb and Charles are pointing towards: Ask yourself if that balance on the credit card is a result of spending you had to make at that point in time (i.e. emergency) and with a frugal/practical mindset, or was there spending that as frivolous.You might say: "it was a little bit of both". 

@Dave Wells @Maddie Daianu @Charles Wilkins @Jacky Lei  

Quote from @Charles Carillo: @Shannon CarterHe can set up a self-directed 401k, and they do not have to pay fees (except for the self-directed custodian fees).

Quote from @Charles LeMaire: @Sateesh Kumar - I'm a passive investor, not a CPA, so take with a grain of salt. 

This is especially important when they can get relatively high returns putting there money into Charles Schwab.

@Charles Street this may help you, based on what Kevin said above

@Charles Edwards, I don't know if the company is any good or not.

Quote from @Charles Carillo: @Max McQueenI would start a banking relationship with an institution that also lends on my target properties.