Students paying rent

[Kyle Nigro]

Hi everyone,

I recently purchased a SFH close to a major university in the Long Island, NY area. My question is how I should have my tenants pay? Should I charge students month to month, or full for the semester (4- month lease)? My concern is if there is an issue with month to month payments it will be impossible to evict them. My thinking is usually the students parents are taking care of the rent and education. Suggestions?

Thanks for any feedback.

-Kyle