Whats peoples opinion on a 2 years lease term. I've had an applicant on a property that settled 3 days ago (woohoo) asking rent, starts in 2 weeks (when my cosmetic reno is finished). Couldn't ask for any more really except as mentioned in another thread they have pets, one lap dog and a cat. Originally they asked for a 12 month lease term, and I mentioned to the PM that a 2year lease may make it more attractive. My cosmetic reno includes replacing the carpet So anyway....thoughts on long term leases. No letting fee, No vacancy.......maybe no rent increase???