I’m totally new at this, and looking at my second move in tenant. They have income of 3600/month (before taxes) based on the daughter working, and mom with SS income.
however, the daughter has 17K in debt (and a car she pays 400/month).
She has a credit score of 550, but no evictions and neg criminal history. They will be LTO and need 700/month for home, lot rent, and water/sewer/trash. They will also have to pay gas/electric.
My concern is the 17K debt! SHe has declared bankrupsy once (2011), and there is 845 in collections for DTE, and 6K in collections for medical accounts.
I’m inclined to decline. Comments? She has had her job for several years, and the mom has SS income.
THanks for any advise!