Should we allow AirBnB subletting

[David Gorman]

I have been listening to BG podcasts religiously but am new to the forum. I have a question and would love input from others. We have a mixed use building in Los Angeles with a residential apartment. A couple of young ladies have been renting for 3 years and they are ideal tenants (they always pay on time, keep the apartment neat and clean, very reasonable with all requests etc.). However, due to economic hardship, one of the ladies has to leave. The other would love to continue to stay. She works as a photographer and is away from LA for shoots occasionally. She asked if we would be willing to let her AirBnB the apartment while she is away so she could afford to remain our tenant. Would you allow this? If so, how should the lease be modified to protect us, the landlord?

Thank you for your response.

David