Renting to a someone who runs a counseling group home

[Ika Sargeant]

I have a property for rent and have been approached by someone who has an LLC that runs a group home, what sort of clauses should I add to the lease agreement? Here I am thinking; liability(I am sure I need an umbrella policy), should the rent be higher? Should the security to me more? What other issues should I be prepared for or at least make sure I deal with upfront?

[Bjorn Ahlblad]

@Ika Sargeant check them out just like you would any other prospective tenant. Get all LLC officers to sign. Check them all out as well; Credit and BG for each. Get income statements, church affiliations etc. Make sure they are accredited and insured. Wouldn't hurt to have adequate liability insurance for yourself too. Mark the rent way up and security deposits too. Get all officers in the LLC personally liable on the lease as well as the LLC. Group homes have a pretty good track record; but better safe than sorry.