This is on of the advantages of doing seasonal rentals as a investment. A contract is signed and all monies are collected up front. 4 months rent+damage deposit. Additionally it allows you to realize at least double the rental rate for an annual rental, there's less wear and tear on the property, and you have a regular opportunity to get into the property to check on its condition.
We like to encourage investors to consider locations that lend itself to repeat heavy seasonal rental traffic. Cape Cod, South Florida, Outer Banks, Maine, etc. The key is to select a location that will bring you the greatest return.
Hope this is helpful,
The "Eckler Team"