Vet potential tenants who have applied to live in your rental property with these tips

To find qualified tenants, landlords should conduct thorough screenings, including background checks, financial assessments, and reference checks from previous landlords. Establishing baseline requirements, such as a rent-to-income ratio of two to three times the rent, is crucial, though rising living costs may complicate this. For first-time renters, character references can be useful. Cosigners may be required for applicants with limited rental history. Landlords must adhere to all housing laws, including fair housing regulations, to avoid discrimination.