Leases for student rentals

[Eric McCarty]

Hello

I will be renting to four students this summer and they are asking me if I can have four separate leases.  This way they are not liable for each others actions.  I do not know how to respond to this or how to counter their requests.  Does anyone have any recommendations for me on how to handle this?  What is standard practice for this type of "rent by the room" scenario.

Thanks!