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Updated almost 5 years ago,
backup plan: who to rent to, LTR
for many of us, The Back-up Plan for short-term rental problems is to switch to long term rental.
food for thought. They are projecting blood in the streets. All those travel and restaurant and Salon and other nonessential businesses have workers who will be losing a lot of job shortly. They are projecting perhaps 1 million jobs lost in April. And a lot more after that. It just goes long-term they're talking about perhaps tens of millions of jobs.
so when you start getting those Replacements in the form of long-term tenants, you might want to consider their ability to pay you. Nurses and medical personnel and grocery in pharmaceutical and other essential type jobs are probably much safer. Also people on Social Security or Social Security disability or retirement or other types of guaranteed income.
yeah we can't discriminate, but a factor in your ear rental guidelines should be are they working in something that almost guarantees future unemployment