Leasing to a Property Management management company - clientele

[Kai G.]

Hello, we recently bought a beautiful 3br/3ba condo in a nice area of town, and we have advertised the property for lease on Zillow. It is definitely the nicest unit we have, and you could consider it a "luxury" unit. We have been approached by a property management company who are interested in leasing for 2 years. They say they are looking to accommodate nurses and business personnel, mostly for longer stays. However they insist that they must be able to accommodate short term business clientele, for 4-5 night stays, in order to stay profitable. They also say they carefully vet their clients, and don't allow parties or loud activities. They clean between each client, like air bnb, and do their own maintenance.

They have sent us a sample lease which I sent to the HOA, and I was a bit shocked that they accepted it. So now we are toying with the idea of doing a lease with them, but we want to protect ourselves from "AirBnB" type bookings taking place.

Does anyone have experience with this, and can you share some of your experiences and advice? How do you allow short term stays being booked, while keeping out the young and party crowds? Thanks in advance!