Whether to accept pets in their rental properties is a question every landlord has to answer. The initial reaction might be to say no because pets can sometimes cause damage.  However, if you allow pets in rentals, you can often find better tenants. You may also be able to charge higher rent amounts and have longer-term tenants who want to stay in your property.  Then, with long-term leases and higher rents from good tenants, your rental properties can be more lucrative. It's important to remember, though, that allowing pets does come with some risk. So, property owners must have policies in place for any rental that allows pets. Here's what to consider before making your choice.