I was out with investors today, and I mentioned this model lease addendum to them. I wrote this two summers ago. It is devised to permit out-of-state or arm’s-length landlords to get along without a property manager, if they choose. Take note that this a model, an example for education purposes. I don’t know the laws in any state but Arizona, and I don’t warrant that these clauses will withstand judicial scrutiny even here. Notably, there is a distinction in Arizona between a deposit (refundable) and a fee (non-refundable). If this distinction doesn’t exist where you live, then clauses using either of those terms may be moot. All those caveats aside, this is a good example of how you can use contract terms to transfer the day-to-day maintenance of a rental home to the tenant, so that the landlord’s major involvement with the property will tend to occur between tenants.
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