If you own one or more rental units, then you should have air conditioning installed in the units. Even if the rentals are located in a region that isn't known for getting very hot regularly, having air conditioning in the units can prove to be important for a lot of reasons. Here are some things you should know about the importance of offering air conditioning units in your rentals.
Your rental units will stay in better shape
Even though it may not happen often, when it does get very hot and your units don't have air conditioning, the hot temperatures can take their toll on your rentals. Things like the electrical system and even the integrity of the paint can be negatively affected when the inside temperature gets too hot. By having air conditioning units installed in your rentals, you can help to prevent these types of problems from arising.
Your units may rent faster
When you have a vacant unit, you will want to get someone in the unit as quickly as you can. Otherwise, you won't be making money from that property and if you still have a mortgage on that property, then you will be paying the entire thing out of pocket until it does rent. Units that have things like heating and cooling tend to rent out faster than those without. Therefore, offering air conditioning can increase the likeliness of you getting someone in the unit fast.
Your tenants may stay longer
If there aren't any heatwaves coming through the region where your units are, then you can consider yourself lucky and you may be able to hold on to your tenants for a long time. However, you may also find that one very hot lingering heatwave may hit the region and your tenants may really suffer in their homes without air conditioning. After the heatwave is over, don't be surprised if you end up getting notices from your tenants that they plan on moving out.
Your tenants will respect you more
When you do your best to ensure your tenants have a safe and comfortable place to live, you will earn their respect. They will tell people about you when those people are asking about good properties to rent. When you have a good name in the industry, you will reap the benefits of being the person people think of the next time they need to find a new place for them to rent.