I’d love to hear about the red flags to watch out for, so I can hopefully avoid the same headaches.For me, clear communication and transparency upfront are key, but I know not every lender operates that way.

Ideal candidate would be willing to be transparent with what they do and how they do it.

Here are the Positives:Upfront Payment: The tenant’s offer to pay the full year of rent upfront, along with the deposit, shows a commitment and provides financial security for you in the immediate future.At least She was Honest in Her Communication: The tenant has been transparent about her situation, which can be a positive sign of reliability and sincerity.My Negative Concerns:Her Future Financial Stability: It's only a one-year lease, if her medical condition and financial condition should worsen (Heaven forbid), you may have to face her wanting out of the lease earlier than the 12 months and eventually you may be faced with having to decide not to renew the lease (after her 1 year contract is expired) based upon the sad news of her condition becoming worse, (Heaven forbid).  

We are super transparent about how our contracts are laid out and how that works and are happy to share anything you need with you :)  

I believe in thorough documentation for clarity and transparency, which is also a requirement as a licensed brokerage for the Ohio Division of Real Estate.Works for me if we share the recorded link back in this same forum. 

The use of a flat fee for higher-value properties is a common practice and can be beneficial in ensuring transparency and predictability in transaction costs.

@Hares Najand here's our thoughts as a PMC:1) Turnover Fees Transparency:- What does your contract with them require them to provide? 

I have a staff of Maintenance Techs and we fix lots of items for a profit while at the same time saving the owner money, win/win.We are transparent company, and we provide all receipts upon request.

NOTE: One "new" negative is that all small LLC's are now subject to the Beneficial Ownership Information Reporting requirements of the Corporate Transparency Act. 

All their bills are transparent and include the Utility Bill for the entire building with an easy to understand breakdown of the pro-rata charges.These 'recoverables' or 'reimbursements' are simply added to the Tenants' monthly rent bill as "Added Rent" which our Tenants have been happily paying for years.I can't say we've ever had even a single problem implementing this.