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Updated over 4 years ago, 04/16/2020
House Hack, Term Lease vs Month-to-Month?
Hi everyone! I have converted a SFH into two separate units for the purpose of house hacking. I'll will live downstairs and will be renting the 3br/1.5bth upstairs which will be ready this summer. This will be my first experience as a landlord and I'm a bit nervous.
If you were in my shoes, would you be more interested in a long term lease for stability or month-to-month in case your new neighbors turn out to be not so great?
So... long term or month-to-month and why?
Thanks!