A long, stable tenancy is the best thing that can happen to a small rental. It also produces a property and a policy that quietly stop matching each other.
Long tenancies hide drift. Rent, condition and the dwelling limit all fall behind without anything going wrong.
Three things about a rental nothing has gone wrong with.
A tenant who pays on time and never calls is a gift, and it also means nobody has been inside for years. Systems age, small problems become large ones quietly, and the first inspection in a decade is frequently a surprise for both parties.
Rent held low for a long tenant is a reasonable choice. It also means the loss of rent cover reflects that lower figure, and a dwelling limit set years ago reflects construction costs that have moved. Both drift in the same direction, which is downward against reality.
A long tenancy frequently means an aging tenant, and grab rails, lighting and step repairs are both decent and protective. A fall at a rental is a liability claim, and the modifications that prevent it are inexpensive.
Catching the drift.
Long tenancies hide condition, not deliberately.
It almost never does on its own.
Steps and lighting are cheap and prevent claims.
Tell us how long the tenancy has run and when the property was last inspected.
