start new tenant with MTM or year lease
Hi BP family, Does anyone start off a new tenant with a MTM term or maybe a 3-6 month lease before committing to a full year lease ? In an effort to make sure you are happy with the tenant and is a good fit ? I Have a vacancy coming up and we are new at the screening process so was thinking a short term start with someone that passes the basic checks IE ( income, criminal, evictions etc. ) would be a good idea but didn't know if that may effect the quality of tenants I have apply for the apartment. As a landlord I like the comfort of a yearly lease but wondering if a shorter "trail" period would be wise and if other LL would prescribe to this approach.
Any feedback or experience is greatly apricated !