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Non Compos Mentis
Join Date: May 2001
Location: Off the grid- Almost
Posts: 10,656
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I used to have a bunch of residential rentals.
We had very clear standards to qualify. Either you meet/exceed the standards, or you don't.
If not, a co-signer was required.
The basics: Income must be at least three times the monthly rent, and nothing in active collections.
If a potential resident had good credit, but was a bit short of 3x income, we would allow a co-signer.
The standards must be black and white, no wiggle room, same for all.
Otherwise, we are guilty of discrimination.
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