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Updated almost 9 years ago,

User Stats

155
Posts
13
Votes
Aaron Xie
  • Investor
  • Southern California
13
Votes |
155
Posts

Tenant wants to pay one year rental and first right of refusal

Aaron Xie
  • Investor
  • Southern California
Posted

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. 

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