Renting office to your property manager

[Greg W.]

Hi,

Would you rent a unit in your building to properly manager  . How would you structure lease so it won't effect value of building from less income. Can I list the higher rent but then agree to a monthly credit for her managing the property or is it easier to have her manage building for free in exchange for rent?

I'm refinancing in the next 12 months and want to show the most income. Will also want to consider putting clauses in place to cover if I sell the building or we end our owner/manager relationship, the lease could come to a end.

Thank you