I included links in the original post, but maybe that isn't allowed.

When lawmakers wrote these provisions, they were originally intended to be used by hotels and motels rather than VRBO and AirBnB hosts.

As for the original post, I think something like this works best if it is concrete: dates (say the last week of July and December), monetary consideration (I would suggest a separate sublet provision wherein you pay them for use, rather than working out rent credits), insurance and liability requirements, etc.

Sorry to hear that…😞 I regret for commenting earlier… I was going off your first original post.

If it takes you two months to find a replacement renter, then the original tenant must pay you two months of rent.

The original plan was to use the equity to build in a few years, but we were blessed with triplets so things got a lot tighter.

If the tenant breaks their lease after three months, you are obligated to find a new renter, only charge the original tenant for rent up until the new tenant takes over, and then refund any unused funds.

I originally planned on using a hard money renovation loan, assuming I can pay it off with a refinance. 4.

Property 1 = 209k balance (349k value) 2.6% on a 20yr conventional Property 2 = 170k (218k value) 5.6% on a 30yr conventional(approximating on original post but total mortgage debt 380k)

It was written legally that I am able to purchase the house from the trust for the original purchase price.