Lease template to use with Tenant who wants to AirBNB my property

[Account Closed]

Hello All, I am looking for any lease templates you may have used to allow your tenant to sublease on AirBNB. He will not be living in the home. In essence he will be renting the home from me for Long Term and host it on AirBnB. I understand this practice is now common and there is upside to the landlord as well in terms of higher revenue. 

Would appreciate any suggestions, templates and best practices you may have used for this. Including how did you structure revenue sharing etc. 

Thank you in advance. 

-Kris

[Bruce Woodruff]

Quote from @Account Closed:

I understand this practice is now common and there is upside to the landlord as well in terms of higher revenue. 

If you've done your research, you know this is called arbitrage and that there are significant risks, to you as the landlord, as well. 

I would want to get a lot  higher revenue to even consider it. Like double....

There is another thread right now where someone is considering this. Read it and you can see some of the pros and cons.

As one of our wise members @paul sandhu, said recently, would you rent your car to someone knowing that they are just going to sublet it to an Uber driver.....?