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Updated over 8 years ago, 06/24/2016
Interesting question from a tenant I need advice on
Attention experienced landlords - need some advice. I just listed my second rental property and I got a call from a potential tenant with what I feel is an odd question. The woman who called is asking me if she could rent this SFR to be used as a daycare.
To me, this sounds like a liability nightmare. I would think my logical answer is no but has anyone ever had this situation come up? Do I run for the hills or explore this option? Also, I had the rent listed at $850 on the ad. If I was to explore this, am I legally able to ask for a higher rent in this situation?
Also, I assume some special insurances would need to be put in place on behalf of the tenant. I have an umbrella policy already in place on my end.