Lease for a Single Family House w/ 3 Unrelated Tenants

[Andy Wayne]

Hello All!

My wife and I are getting ready to lease our house out. We have found three recent college grads that pass background & credit checks that we are interested in renting to. What is the best way to do a lease for this? They are three (unrelated) professional gals. The house is a 3 bedroom and they are planning to split the rent evenly ($550/person).

Do you have a single lease w/ all three names for this situation? Or would it be better to have a separate lease for each one? Also, does anyone have any recommendations for a good template for a lease?

Thanks!

Andy