How to Structure Short Term Rental Lease

[Ronald Mejia]

Hey BP!

I have a vacant property at the moment and I was just contacted by possible tenant that is looking to rent my furnished property for a short period while they go through a big renovation. 

They mentioned that it would be a guaranteed 2 month stay then month to month after that depending on how long their project takes.

From what I’ve googled it seems like they go for 20% higher than market rate due to shorter time frame. How do security deposits work in these types of scenarios? Do I include the utilities and internet with the rent?

Any help pointing me in the right direction would be much appreciated. This would be my first short term rental experience and want to make it fair for everyone. 

Thanks BP!