Unconventional Tenant

[Hernan B.]

Hello,

My property manager has received an application from tenant with an unconventional request. The applicant wants to use my rental as a way to proof residence for his child’s impending schooling. Per my landlord, the applicant wants to rent the apartment for 4-5 months (not live in it much) after which he will be relocating to Milwaukee permanently but to a different location. This is a particularly difficult unit for me to get good tenants and after the application process he seems to pass with flying colors. The only downsides I see are the difficulty in trying to rent it out in Septemper (but probably starting to look in August) and the possibility of a vacant unit attracting squatters (although this should be minimized since there are 4 units total and can also be reduced by semi frequent visits to the unit). Does this seem like a good idea and am I missing anything as far as risk? Is there anything special I should ask for such as a higher security deposit? Thanks for any feedback!

[Dawn Anastasi]

Why is this unit hard to rent out?  Is the advertised rent too high for the area?