Full year rent up front

[Sead Osmani]

Is it a good idea to accept a full year’s rent up front for a one-year lease? We have a potential tenant selling her house, so she will have cash to pay. Otherwise her credit score is too low, which she says is because she had cancer and wasn’t able to keep track of bills. She wants to stay for two years before moving out of state to build a new house. She wants to pay more per month and pay the entire year at once to secure the spot ahead of other applicants. She also wants to pay a pet deposit to make an exception to our no-pet policy.