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The Importance of Setting Rental Criteria

Updated: Sep 6, 2023


As a landlord or property manager, setting rental criteria is an essential step in ensuring that you find the right tenants for your property. Rental criteria are the standards and requirements that you use to evaluate potential tenants and decide who you will rent your property to. Here are some reasons why setting rental criteria is so important:


Helps you attract the right tenants

By setting rental criteria, you can attract tenants who meet your specific requirements, such as income level, credit score, and rental history. This can help you find tenants who are more likely to pay rent on time and take care of your property.


Reduces the risk of eviction

By screening potential tenants based on your rental criteria, you can reduce the risk of eviction. If you rent to tenants who don't meet your criteria, they may be more likely to violate the lease agreement and cause problems that could lead to eviction.


Protects your property

Setting rental criteria can also help you protect your property. By renting to tenants who have a good rental history and a stable income, you can reduce the risk of property damage and ensure that your property is well-maintained.


Ensures compliance with fair housing laws

When setting rental criteria, it's important to ensure that you are not discriminating against any protected classes under fair housing laws. By working with a legal professional and setting objective criteria, you can ensure that your rental criteria are fair and compliant with the law.


Streamlines the tenant screening process

Setting rental criteria can also help streamline the tenant screening process. By having clear standards and requirements, you can quickly and efficiently evaluate potential tenants and make informed decisions about who to rent to.


Overall, setting rental criteria is an important step in finding the right tenants for your property and ensuring that your rental business is successful. By taking the time to establish clear criteria and screening potential tenants, you can reduce the risk of problems and ensure that your property is well-maintained.



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