If I were about to start a new deal right now with a tennant, I would want them to sign a two year lease too. Look at it from their perspective, there is no indication that rents will rise in the next two years and there is a possibility they will fall and you may have trouble renting it out. As houses are becoming harder to sell, more owners will become landlords, puts downward pressure on rents and harder to find quality renters. Every move costs a landlord money in advertising, cleaning and the cost of an empty unit between renters. Don’t sign a two year lease unless you get something in return. And yes, the bottom may hit in the next 24 months, don’t bring a date to this party, you’ll want to be single for this event.