You can also assign a cost to the pillows and if one guest or their pet does significant damage you can deduct the cost from their security deposit. 

We allowed pets since the fence was a selling point.

Be sure to include your main qualifications in the marketing ad (must prove they make 3x the rent, credit score of XXX, no pets, or whatever).

I have a duplex, that's fully renovated with ceramic tile throughout, so we have an open pet policy.  

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

here are some tips:3bed MTRs aren't as in-demand, so don't be spooked if you have longer periods of vacancy. you could consider doing MTR by the room, for all traveling professionals, to avoid those periods with zero income coming in. you'd be surprised by how many traveling professionals are willing to share a living space, to find affordable housing, especially if you'll allow pets!

For instance here in the DC area, a townhouse would be a great option because it would allow renters the option to live in home and they can possibly have pets and less noise as opposed to an apartment like most renters usually result to in this area.

Rents will go the the LLC....One of my pet peeves is that you can "do" most "anything." 

If you do that, be sure and get a non-refundable pet FEE...not deposit.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.