at it this way, renters rent because they usually can't buy. I want quality tenants that take care of my homes and pay their rent. If they don't pay their CC on time, miss car payments ect that is less of an issue to me. Would I like for them to be more financially responsible, yes, is that realistic generally not.
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If he's been living in an extended stay hotel for two years and says it's because of his bad credit, I would be skeptical. I suspect there may be more to his story than what he is telling you.
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TX area, but personally credit score isn't a big deal to Nike Air Max 2015 Colorways me. The reason for the low score is but not the actual score itself. Even a number of missed payments on CC and other debts isn't a big deal depending on when they were and how much their total balances are.
Same goes with those with FC/SS on their credit. Many many renters are renters due to having overspent on housing a few years ago, and now are unlendable for awhile. I'm ok with that depending on the circumstances surrounding their FC/SS.
If I only took high income high credit tenants with no dings I'd have a very limited pool of tenants to choose from.
Bad Credit Tenant
As you know, it's important to look at the whole package. Rental history, Income history, Credit history, and Legal history. Is the information you have about him self reported or did you run the all background checks and reference checks yourself?
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