No Month to Month to best tenants

[Justin Case]

I know this had been discussed heavily, but here is my situation.

My best tenants are coming up on the end of their lease end of May. They are trying to buy a house. They want to do a month to month or lease until end of September and I am going to tell them no on both of those. I hedge my vacancy risk by not allowing month to month due to a move out in fall or winter. No one moves then from my experience. I been there before.

This property is in the most demanded area of the city. If they move out I could get $200 more in rent a month.

I am thinking of offering them to sign a year lease with no rent increase, and if they find a house the lease will be terminated when I find a new tenant. Or the other option is they will have to move since I do not do month to month.

Would appreciate a few opinions on this decision.