@Nicholas L. I have 4 young kids of my own, I totally see where you are coming from! We bought the property last July and allowed the current tenants to finish out their existing lease (up in the fall), we figured they’d move on since they made no indication they wanted to stay....but both did not move out like I had assumed. I found myself scrambling to offer new leases, so the units wouldn’t be vacant over the winter. At that time we only had 6 and 12 month leases. Both tenants asked for m2m but that’s not something we had previously offered, so we told them it wasn’t an option. Both tenants signed a 6 month lease....again, total assumption on my part, but after begging for m2m and then choosing 6m over the 12m option - it REALLY sounded like neither intended to stay for long!!
Now, in hindsight, they probably knew they were expecting a little baby and you’d think that knowing that would entice them to choose the long term stability, but no that’s not what they did. I however had no idea they were expecting a baby until we offered them a m2m lease when the 6m was up (because again, they didn’t move out!). I kindly explained to them that choosing the shortest lease term possible leaves me believing they don’t want to stay long, so I began planning the renovations and getting a contractor scheduled for the spring.
Well, here we are, it’s spring, I gave them 60 days (yes, they were clearly agitated, and mentioned the baby coming) and told them I already had the repairs scheduled for May.
I feel like going back on this is a super slippery slope. I’ll be behind on repairs and might lose my contractor if I’m not ready to roll when his schedule allows.
Also, the repairs are pretty significant...this side of the duplex doesn’t have central air, so we have to get that installed, total bathroom gut b/c the tub is cracked and the sink leaks and toilet is 50 years old....I can’t do this stuff while they remain living there.