Asked by Alok Gupta, Phoenix, AZ • Tue Dec 23, 2008
I want to lease a unfinished house . It is 150 miles away from phoenix in a small town. I was keeping it locked. Recently someone approached me and offered to lease it. At this time I do not have time to work on it and prepare it.
He said He will stay in it and prepare the house by doing work on it. the rental value for finished house is about 700-800 but he wants it for 300 and approx 20 hours of constructive work per month. I am fine with it.
I want to know what can go wrong. I do not have much exprerience with leasing or renting.
How should i safeguard myself, while still going ahead with the lease.
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