but they get to pay rent starting from end of August.
It's just lke a lease back after closing ... in this case, not "closing" an escorw, but a rental. (Your lease back cost is the hotel credit you pay for them).
-Put in a limit for amount (you are not paying $300 a night for the hotel)
-Make sure that they pay their hotel directly first, then you reimburse them (partially up to a certain amount)
-Make sure you collect deposit and 1st month rent upfront to protect youself.
Deal? Generally your offer should be close to the rent you collect for the period of "lease back", plus maybe a few hundred $ more.
That will be fair for eveybody.