The Complete Guide to Mid-Term Rental Tenants
Everything property owners need to know about MTR tenants: who they are, what they pay, how to screen them, and why they're more profitable than traditional renters.
What Makes MTR Tenants Different?
Higher rates than traditional long-term rentals
Typical stay length (perfect for flexibility)
Occupancy rate with proper tenant mix
Mid-term rental tenants are fundamentally different from traditional long-term renters. They're situational renters— professionals, insurance clients, and relocating employees who need temporary housing for specific life or work circumstances.
Because they need fully furnished, flexible accommodations with utilities included, they willingly pay premium ratesthat exceed both traditional rentals and deliver higher returns than short-term rentals with less management hassle.
4 Types of Mid-Term Rental Tenants
Understanding each tenant type helps you price correctly, screen effectively, and maximize your property's income potential.
Corporate Relocations
Advantages
- • Employer-backed payments
- • Professional, low-maintenance tenants
- • Predictable move-in/out dates
- • Willing to pay premium rates
Considerations
- • Peak demand Sept-Nov only
- • May require corporate invoicing
- • Shorter lead times for booking
Screening Requirements:
Employment verification, company reference, credit check
Insurance Placements
Advantages
- • Insurance company guarantees payment
- • Premium rates (highest MTR category)
- • Year-round consistent demand
- • Zero payment risk
Considerations
- • Short notice (1-3 days)
- • Tenants dealing with stressful situations
- • May need flexible lease terms
Screening Requirements:
Insurance adjuster reference, claim verification, minimal tenant screening needed (insurance backs payment)
Traveling Healthcare Professionals
Advantages
- • Consistent demand year-round
- • Professional, respectful tenants
- • Often repeat bookings
- • Housing stipends make them price-flexible
Considerations
- • Irregular schedules (night shifts)
- • May need shorter notice periods
- • Contracts can end suddenly
Screening Requirements:
Hospital/agency employment verification, professional license verification, credit check
Government Contractors & Military
Advantages
- • Stable government income
- • Clean, responsible tenants
- • Longer average stays
- • Strong references
Considerations
- • Assignment-dependent (can change quickly)
- • Lower rates than corporate
- • Limited to areas near military bases
Screening Requirements:
Government ID, contract verification, military orders, credit/background check
MTR Tenant Screening: What's Different?
1. Traditional Credit Checks Don't Tell the Full Story
MTR tenants often have temporary addresses, multiple recent moves, and non-traditional income sources. Focus on:
- • Employment verification: Confirm current employer and contract length
- • Income documentation: Recent pay stubs, offer letters, or housing stipend proof
- • Professional references: HR contacts, recruiters, or insurance adjusters
2. Insurance Placements: The Exception
When insurance companies place tenants, they guarantee payment. Your screening focuses on property protection, not payment risk:
- • Verify insurance claim and adjuster contact
- • Confirm coverage includes rent and any damages
- • Get direct billing setup with insurance company
- • Basic tenant interview for house rules/expectations
3. Red Flags vs. Normal MTR Patterns
🚩 Red Flags
- • Vague about employment/reason for stay
- • Unwilling to provide employer verification
- • No professional references
- • Payment from personal funds only
✅ Normal MTR Patterns
- • Recent address changes (job relocations)
- • Out-of-state references
- • Short rental history
- • Flexible move-in/out dates
4. The PeachHaus Screening Process
We've screened hundreds of MTR tenants and know exactly what to look for:
- • Employment/contract verification within 24 hours
- • Background check focused on rental history and criminal records
- • Professional reference calls to HR, recruiters, or adjusters
- • Direct insurance billing setup for placements (zero payment risk)
- • Move-in interview to establish expectations and house rules
MTR Lease Structure: Key Differences
Essential MTR Lease Terms
Maintains MTR classification, avoids hotel tax, and allows residential lease terms.
Rent includes utilities, WiFi, furniture, housewares. Simplifies billing and justifies premium rates.
Include pre-negotiated extension rates. Many MTR tenants need to extend 1-2 months.
Allow 30-day notice with penalty (typically 1 month rent). Protects you while offering tenant flexibility.
Clarify what's included (regular cleaning, lawn care) vs. tenant responsibility.
PeachHaus MTR Lease Advantage
We provide attorney-reviewed MTR lease templates that protect owners while meeting tenant expectations. Our leases include all necessary clauses for corporate billing, insurance placements, and flexible terms— saving you thousands in legal fees and ensuring full protection.
Ready to Attract Premium MTR Tenants?
PeachHaus has direct access to insurance adjusters, corporate relocation coordinators, and traveling professionals. Let us handle tenant sourcing, screening, and placement.