<p>To Lizard- that would help equilibrium price and quantity, as any microeconomist knows! Well done!</p>
<p>The important thing for our kids was to have a LL & fellow tenants they trusted. That led to a great year or a challenging year. The one year S & D each had that was tough was when a tenant DID leave in the middle of the year & caused some damage that was blamed on the remaining tenants, of course. They had to split the damage fee with the remaining tenants.</p>
<p>S had the most difficult time with a LL that had a management firm that handled a LOT of apartment buildings and didn’t really seem to care much that the heating system &A/C in their apt was ancient and making S ill. Fortunately, he was only in that building for one year.</p>
<p>Each tenant involved must figure out what terms they can live with. For my kids, all tenants always paid their share so no one ever got “stuck.” I imagine it COULD get sticky & expensive though. </p>
<p>If you are really unhappy with the terms, you can try talking with the LL & seeing if there is any room for negotiation or find another place.</p>
<p>Some landlords will accept your financial aid package (including loans) as suitable income to support the rent. It never hurts to ask.</p>