Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!

Turn over is good too ,most of them stay at least a year.

The students have been allowed to live all over the west side of the city, and student rents stayed pretty steady (though they have increased every year that I've been doing leasing). 

There is what they call a stay on the property in residential cases for at least 30 days.

There are always people entering the market and leaving the market all the while the many investors that do this for a living will stay and grab deals.

And I just did a big write up on it.Short of it is it does well, and no I'm not removing mechanicals between stays lol

For his first two years here he stayed in a rooming house, because he couldn’t afford his own house or apartment.After World War II this country “got rich”, affordable housing became plentiful as “the suburbs” were developed.  

I'd love to hear any thoughts on my strategy if you'd stay away from Multi-family or if that's the right call.

Let's stay connected and continue to learn from one another. 

Budget wise I would like to stay below $220,000 for the house.