Incentivising tenants, good or bad idea?

[Mike Rutallie]

What are your thoughts on incentivising your tenants? My first thought is around making them want to take care of the home. For instance, if I made an agreement with the tenant that each year I would allocate a certain dollar amount to repairs and maintenance (which would be far power than I would expect to actually invite). If they took care of things and I didn't have to spend that much, they would get the difference at the end of the year.

What would the pros and cons of that be? I feel like it would give them a reason to take care of the home. What an I not thinking of?

Are there any other creative ways that you use to incentivise your tenants?

[Mike Rutallie]

Yeah, that makes sense. I was thinking more along the lines of them just treating it well opposed to them actually doing the fixing. I could see how it would probably turn into them doing crappy repair jobs. 

Curious on what incentives you offer when they leave to keep it tidy for showing.