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Updated almost 9 years ago,
Tenant wants to pay one year rental and first right of refusal
I recently received an application from a potential tenant, who wants the following:
(1) Rent for three years (maximum allowed by my state) and pay the first year up front
(2) The first right of refusal to purchase the property should I decide to sell
(3) Ppermission at their sole cost and expense to repair drywall, paint, replace carpet, seal deck and install a hot tub
This the first time I have such a potential tenant. I think this is not bad, but would like to get more opinions here as to any potential risks or issues. Thanks in advance.