Multiple applicants' income will be combined. Guarantor: Gross monthly income must meet or exceed four times the monthly rent amount.After approval, guarantors must sign a Lease Contract Guaranty form and pass our third-party ID verification, Plaid. Criminal Background. Guarantors MUST COMPLETE a Guarantor Pre-Leasing Application and pay the applicable application fee. Landlords may require a lease guarantor to earn 40x90x the monthly rent in annual income to qualify. We outlined the differences between a lease guarantor vs. A second chance to secure your dream home. Helping you qualify for the rental you want, while giving property managers protection against defaults. Rental application for Stress Free Property Management company.