Tenant Is Offering Full Year Rent In Advance

[Joshua Gordon]

My stellar tenant of two years plans on renewing his lease this month. He called me today to ask if he could pay a full year’s rent in advance for a ten percent discount. I told him I’d have to think about it and get back to him. As of right now, I’m leaning towards taking his offer. I plan on using the immediate profits towards a down payment on a new property.

Curious to hear what you guys would do in my situation?