Multiple Tenants SFH Question

[Rich Dunne]

5 friends and myself are planning on renting a house together in the coming months.  My question is how does a landlord typically handle this situation?  Multiple names on the lease or just one?  What if one of the roommates bails mid-lease?  Is it advantageous to go month-to-month?

I'd like to know what landlords prefer so I can better approach the situation as a tenant.

Thanks!