" Corapate Rental" ?? Is that what I or You would call it?

[Mark Bradford]

So quick background story........

A Business comes into town and buys another location to add to their business. This new location is in my small town USA. When they buy a new location they also rent a house in town close by for 2-4 workers to live in. So the company is paying the rent and the utilities. SO is this called a Corprate rental? Also would you rent to  them? The unit is the upstairs of a duplex. This is a 2 bedroom with rent at $575/ month plus utilities. The building is a great partial remodeled close to a small downtown area.

Couple concerns I have:

   Who will live there. It could change from day to day. But with this group I don't think the change will happen all the time.  Maybe when they move a group of works from on location to another. But how do I track it? How do I do my background checks?

  One reference says he has rented to this group for 4 years and 12 checks are ready at a local gas station on January 1st and you just cash one each month! Maintenance calls are few and neighbors have never complained!  

This is just not a normal for my management style.  So I think we are just nervous? Any advice or does anyone else do this style of renting?

[Marcia Maynard]

The word is "corporate".  That said, we have rented to businesses for the benefit of their employees/volunteers and found them to be very stable and responsible partners. You can ask for a higher security deposit to cover your risk if you wish. Treat the tenants the same as you would for any other. Do regular inspections and charge for damages as they occur. Make sure the business you are dealing with is legit. No reason you can't be creative and flexible in the way you negotiate and how you contract. This was in an 8-plex and the other tenants didn't even know the people living in the unit were "authorized occupants" and a business was the tenant on record and paying the rent. We didn't need to change our management style.