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General Landlording & Rental Properties

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Bill Zepeda
Pro Member
  • Rental Property Investor
  • Brentwood, TN
5
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16
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Isn't this just like student housing...

Bill Zepeda
Pro Member
  • Rental Property Investor
  • Brentwood, TN
Posted Jul 22 2015, 03:18

Hello BP community,

I'd like to get your opinion on this one. I have a SFH for rent in a family-friendly neighborhood adjacent to a community college. I was contacted by the head basketball coach from the community college and he wants to rent the property for his coach and players. He says that he has scholarship dollars to use for housing and is willing to pay 6 months in advance. My first reaction was to envision a bunch young men treating my property like a dorm room. However, he claims that an adult will be living their and supervising them. This is the first time I've encountered this scenario, so I'd love any feedback as to the pros and cons of this situation. If I proceed, should I require a background check for anyone living in the property that is 18+ years old (players included)?

TIA,

Bill

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