M2M lease extension

[Bret Blackburn]

I have a tenant whose 18 mo lease expires at the end of April. She has asked about month-to-month due to her pending divorce taking longer than expected, but doesn't know how long she will need to stay. We originally set up the lease as 18 months so that I wouldn't get stuck with an empty house during the slow time of the year. I don't really want her to go M2M through the summer and then I'm back looking for new tenants in the fall. What does BP think?

[Kim Meredith Hampton]

@Bret Blackburn I agree with @Jim Shepard, dont allow her to go past May because you want the house to come vacant during the summer months when kids get out of school. It also depends on your market and when the 'good" time is for renting. I would also charge her a MTM fee