Has anyone tried having Rent-To-Own (RTO) residents pay their rent PLUS pay monthly into a “saving account” (collected and kept by the park) in which they can draw upon as needed. For example, maybe they need a plumber to fix a toilet or even a shed or deck repair. Or fix the roof. Is this legal? Would it work? Does it work?
The savings account could possibly be set up as additional deposit, agreed that no interest would be paid, and other criteria. The additional amount each month could be as little as $25 to $50.
Another idea is to charge pet fees based on weight, with a minimum monthly rate. For example, a cat would cost $25 per month, a 10 pound dog would cost $25 per month, yet a 50 pound dog would cost $50 per month. Residents would have to bring in their dog each quarter for a weighing. Is this too much trouble?