Effective tenant screening is the foundation of successful property management. The right screening process helps you select reliable tenants who pay rent on time and take care of your property.
Essential Screening Criteria
- Income verification: Minimum 3x monthly rent
- Credit score: Generally 650+ for good risk
- Employment history: Stable employment record
- Rental history: References from previous landlords
- Background check: Criminal history review
The Screening Process
- Application: Detailed rental application
- Documentation: Income verification, ID, references
- Credit check: Professional credit report
- Reference calls: Previous landlords and employers
- Decision: Objective evaluation based on criteria
Legal Considerations
Always ensure your screening process complies with:
- Fair Housing Act requirements
- State and local tenant protection laws
- Credit reporting regulations (FCRA)
- Anti-discrimination policies