Hi folks. My wife and I have decided to do some traveling and have our San Diego house listed for rent with a 1 year lease. We are leaving mid-February, so still have a little bit of time...but not a ton. In addition to enjoying the sites...the trip will also double as a scouting mission to see if there are any other areas (with cheaper standards of living) we might want to live more permanently. So in short, we may or may not want come back and live in this home ourselves, and if we do choose to relocate...we may or may not want to keep the house as a rental....it would probably depend on if we needed cash to buy another home somewhere else.
We have had several parties that seemed interested, but want a place they will not have to vacate in a year. I don't blame them. We have told them they MIGHT not have to, but we cannot commit past a year.
Is there any creative compromise you can think of, or should we just keep looking for tenants that don't care about the longer term? Maybe a longer lease with some kind of penalty for us if we kick them out early? We could also theoretically just rent somewhere else if we do want to come back to this area.
Thoughts?