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I agree with Westopher's remark about first impressions. Over the years, I've had a number of different tenants, and my first impression / gut feeling has always been pretty darn good. The times when I felt immediately comfortable with the potential renters, they have all turned out to be pretty good tenants. There was this one time when I felt the viewer was a bit shady, but went against my instinct since his application form and reference seemed solid (that and I needed the rent), that was the time when the guy turned out to be a demanding prick.
Word of advice from me -- don't EVER rent your unit out because you need the money. Find a tenant you feel comfortable with and then rent it out. Also, make sure you sign a fixed term contract!!! You are dramatically increasing your risk, and making life difficult for yourself when you lose the ability to kick a bad tenant out via expiration of your tenancy contract.
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