Insurance co placing tenants who had a fire

[Stephen T.]

We got a call from a big name insurance company who was trying to place a tenant who was displaced by a fire. The company guarantees rent for 3 months and they will do month to month thereafter if their home is still being repaired. I'm supposed to screen them as if they were regular tenant. Anyone ever heard of this or done this? This is my first rental property. Any particular questions you'd ask?

[BJ McKellar]

I manage about 100 units in DC and we have done this 5 or more time. Usually they will pay a higher rent amount since it's short term. Ask for more money!
It worked great on the 5 we did. 1 of the families was a little harder on the property than normal, but the sec dep covered it.
If they qualify and you can get a little more per month, take it!