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Updated about 1 year ago,
Tennant wanting to run an assisted living facility in my property
Hi community. I have a property for rent. I have a candidate tenant that owes an Assisted living facility company, full permits with county, health department and all is up to date and reviewed. Can I get some recommendations from any experience Landlord with similar situation? This will be a business that will operate in my property with increase wear and tear, etc. I am already at a loss in this property due to market and extra costs that we had so my current rental income do not cover my expenses. In a case like this, should I ask for a higher rent? or for the tenants to pay Lawncare or something else? Any comments will be greatly appreciated. Have a great day.