We don't have anything to add on the references or credit check area, but wished we had the foresight to add a cancellation provision to our long term rental contract.
Our renters, and many renters according to TOTV, eventually become buyers. Bad if this happens in the middle of your lease. There is an expectation that you will let the tenants out of the lease easily, they will help find another renter, kept it in perfect condition, hardly used it, etc. We believe it is better to spell out what happens if they choose to leave early. For example, if they leave before six months is up, you will owe rental tax that wasn't calculated into your monthly rent. Utilities trail sometimes two months behind. Another consideration is the high season versus low season rental differences. Protect yourselves, spell it out before it happens, and have it in writing.
We don't have any proposed lease wording to give you here, as we wanted to be the next occupants and ended up moving into our home earlier than we planned.
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