Long Term Lease Question
Hello,
First I would like to say I am new to Bigger Pockets and this is my first post. I have been reading and learning here for a bit and for that I say thank you to all.
I live in California and purchased my first single family in Nampa Idaho. My property management company contacted me they have a good renter candidate that is looking for a 16 month lease. There are also looking for a $200 dollar discount off what my wife and I were looking for but we will still cash flow that being said.
Sorry for the long post but my question to BP is this. Should I accept the long lease or should I go for a 9-12 month instead? We were going for 9 month originally, but this will take us to Summer 2023 which we can raise the rent then.
Any thoughts/opinions will be greatly appreciated.