The house is listed at 2,175, but I want to ask the landlord for a monthly rent of 1,975, in exchange for a 2 year lease with a buy-out option. Is this too much to ask?
I have an excellent credit history and a credit score of over 750 FWIW.
Why would you as a landlord want to raise the rent on your tenant if they are willing to keep renewing year after year? Market rents are not so volatile that all of a sudden say a home that rents for $1,000 per month 2yrs from now is a $1,300 per month home. Tenants will move over $25, I have seen it and its not worth it to pay for the make ready repairs and the 2 month vacancy and property mgmt placement fee!! Personally, if I got market rent I would let them stay at that rate every year.
Even if the state allows leases of longer than 2 years I wouldn't offer a discount from what I thought was the fair market rent. As the landlord I might accept a 2 year lease at the market rent and sell it to the tenant as a guarantee that rent won't increase for 2 years. That seems like benefit enough to both parties - guaranteed tenant, guaranteed lease rate.