Interesting Tenant Proposal

[Account Closed]

I have a 4 bed 2.5 bath SFR listed for rent in a B+ to A neighborhood that is in great condition. I typically like renting to families as they tend to stay longer and a lot of times fix little things themselves because they enjoy their privacy and do not want a landlord going through their house.

I just got off the phone with a woman who has a construction/renovation job in the area and would like to rent the house on a 6 month lease for her employees. She also said that the company would pay all six months up front and take care of the utilities. One small positive to the 6 month lease is that I have another SFR and the lease runs up to February so this would space the two leases out.

However, she did say there would be 6-8 employees living there (so 8) and I am worried about how they would take care of the place. The woman told me the company would take responsibility for any damage but the company is out of Texas so I do not know how easy it would be to enforce. I do no like the idea of not know who is in my unit and not having a background check on them. I am working on getting references from previous landlords. 

Has anyone had experience with something like this? What concerns do you have? What would be your questions for the woman setting this up? 

I have my own initial thoughts on this to make it worth while but I wanted to see what came back on here. Thanks for your time!

[Jackson Carr]

I would avoid. Never had experience with this like Diane does, but 8 tenants in a 4 bed 2.5 bath seems a bit overkill. That is 8 sets of muddy boots on your carpet, a TV in every room wall mounted, if you pay any utilities, 8 people showering, multiple work trucks in your driveway. Just seems like a high risk/wear for 6 months of rent when you could wait a month and get a family of 4 that will stay for 3 years.