EDIT: Thank you to everyone (except CactiMysteri) that commented!! These were all FANTASTIC points and I truly appreciate the honesty in them. As a first time LL, we definitely have a lot to learn and these comments were very helpful and reading through them was a good experience.

Evening all,

First time landlord here and I have some questions and was hoping to get some opinions.

We have some potential tenants that are interested in rental our single family home.

Family has 2 kids, 2 adults and 3 pets (1 9lb dog and 2 cats)

We are asking:

2800 rent 50 pet rent 3000 refundable deposit 125 admin fee (background checks and whatnot) 300 cleaning fee 400 non refundable pet deposit

The family:

Mom makes 6000 a month. Dad owns his own business and has months where he makes very little and some months makes quite a bit more, depending on sales.

Credit score is 640 and they were very upfront about it. Credit is due to getting business loans.

They are totally willing and ready to pay all asked fees and don’t seem to have any issues with it.

Pros: they say (this can change, I know) that they are looking for a long term rental. They also come recommended from our real estate agent, who is well known in our area and we had a pre existing friendship ip with before we bought our houses. They want to move in the day before we were going to list the house, which saves us empty months.

Our concerns: this is our first rental and I wanna make sure this isn’t a red flag tenant. They seem very nice (this is business, I know, but being nice still matters a little) and very honest. They have references for last rental and are willing to show us bank slips and stuff.

Is this a bad idea?