Should I Rent to 6 Adults in a SFH?

[Doug Spence]

My Pensacola SFH is currently up for rent. A lady reached out to me who runs an organization affiliated with Notre Dame which sponsors grad school teachers to teach at a school in Pensacola. The problem is, they want 6 adults to live in the home (3/2, 2100 sq ft). My concern is the increased wear and tear on appliances, plumbing, etc that come with 6 adults living in a home. I proposed increased rent to account for this concern, but they are all on fixed incomes and can't afford increased rent.

They are open to a larger security deposit, but I said that doesn't really cover regular maintenance and repairs. They are also open to some type of up front maintenance fee to account for increased usage. The individual tenants will be on the lease, but the organization said they would agree to an addendum that holds them responsible for ensuring the rent is fully paid.

Has anyone encountered something like this before? What's the best way to mitigate the risk of increased wear and tear without increasing the monthly rent?