General Landlording & Rental Properties

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Patrick Rose
  • Wentzville, MO
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19
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Front-loaded rent payments?

Patrick Rose
  • Wentzville, MO
Posted Dec 5 2019, 07:30

I have an applicant with bad credit, but high income (and under contract). He is willing to be flexible with a lease structure. I would appreciate any feedback on the idea of setting up an 18-month lease with the first 6 months @150% rent, next 6 months 100%, and final 6 months 50% rent.

I'm just looking for creative ways to protect my side of it. Have any of you done a lease similar to this? Is this legal?

Thanks for helping me through this...

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