Concerns about corporate lease for a single family home rental?

[Josh R.]

We've received a corporate lease application to rent our single family rental home in the Bay Area in California. The applicant is a startup that wants to house a few employees. They've offered to pay six months up front for a one year lease.

Does anyone have experience with a similar situation? What are some pros and cons? Are there extra steps / precautions / additional agreements beyond the standard California Association of Realtors Residential Lease Agreement that we should be pursuing? Do you think this is a good idea or should we wait for a more traditional residential applicant?

[Michele Fischer]

My mom has a rental that has been rented by a company for years.  They pay on time, take care of the place, and it seems to be getting less wear and tear.  A disadvantage is not having good tabs on who is actually living there and less ownership/maintenance by the occupants.  Think you can mitigate a lot of risk by insisting on inspections every 6 months.