Published August 19, 2021. Updated April 20, 2023.  If you're a real estate investor in the Philadelphia area, keeping your rental properties full is a top priority. Sometimes, that may require changing up the way you do things. Maybe you've thought about offering a short-term lease agreement for some of your properties but weren't sure if it was the best route to take. If short-term doesn't make sense, are there other options for renters who can't commit long-term? What about a month-to-month option? Many property owners incorporate monthly leasing options into their operations, but it's helpful to understand the pros and cons of doing a month-to-month lease agreement before jumping into it. So, today, our Philadelphia rental management experts weigh in on the pros and cons of this type of lease and whether rental owners should consider it when planning leasing strategies.