In the past I have done a couple 2 year leases, with success. I like the long term commitment. She gave me the impression that they were looking for more than two years. I have an appointment to show the home to this family tomorrow.

Question is what is the longest lease term that you have done, heard of etc.? Are there underlying problems with long leases? If they qualify and are willing to sign for 5 years, yahoo! Is my instant reaction but a little caution light went on also. What does this forum think?

I've been doing this 30 + years and have found that a fixed term lease is more stable. I use the LPA Lease and feel it works best for residential single family homes for 1+ year leases.

I have a tenant whh started out on a 1 year lease and has renewed every year for the past 25 years.

If you have a tenant willing to commit to a 5 year lease, it could be a very good thing if they are qualified.

**I know many of the other landlords on this forum feel safer with a month to month lease for fear of being "locked in" to a tenant, but I prefer to be "locked in" to a solid tenancy.

When a tenant goes bad, he usually violates the lease by non-payment, it is easy enough to terminate the lease and evict.

I like that the LPA lease gives me the unilateral right to terminate with 30 days notice even with a fixed term. (Have the tenants initial that clause if you're worried about enforcing it- but I never had a problem enforcing it.)