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1. You should use a short assured tenancy agreement. This should be for a minimum of six months. You can agree to terminate early but the agreement has to state that it is for a minimum of six months. 2. The main risk is that you would have to go to court to get them out if they refuse to leave after the term. 3. Your legal responsibilities relate mainly to ensuring that the property is in a suitable condition to let and that the appliances work. Nowadays you need hard wired smoke detectors, a gas safety certificate and an electrical safety certificate. A good source of information for you is the Shelter Scotland website. Happy to discuss further. I hope that helps. Please leave a positive rating so that I am credited for my time.