I don't want to be a bum land lord to my tenants. 

FRAUD by inducement.

. :)I'm just bummed because I felt like he was in a good circle of people with the potential for a lot of great leads.

Downside:Some companies, as they become big, may not be able to tend to all their investor clients, especially if your friend is looking for some hand-holding and learning all through the process Your friend wouldn't have the autonomy of capital deployment and what deal and market it will be invested inSince your friend just sold a company, he doesn't strike me as a beach bum and the fact that he already reading a ton of content about MF it looks like he may want a little more.

If your contract was induced under fraud you deserve it.

He finally got back to me that someone else has a purchase agreement on it sight unseen...I'm bummed but I'll be patient for the right deal.

I was kind of bummed out after he said that.My handyman was actually more positive and inspirational.

I LOVE MONTH TO MONTH...As far as raising or increasing the rent for that period I don't think it really matters that much,, if her plans fall thru and she doesn't transfer and is still there you can on a MONTH 2 MONTH lease give her a rent increase 2 or 3 months down the road.. so your not stuck for a whole year.YOU should  manage your own properties,, You should take note and introduce yourself to tenants if your on property so you know who belongs there, you should be proud of what you own, and take measures to induce the same pride of ownership in your tenants,, this tenant wondered who was walking around is a prime person,, concerned enough to wonder what was going on.I recommend you start with downloading the landlord tenant laws for your state, join a landlord association if there is one around you and take advantages of classes and other things they offer.Choice to dump your management co is fine,, personally if you live close enough like people and interaction then try it.. if you find it's not your cup of tea , then switch back. 

I offered this bum $1,000 cash to get out.

Inducing OR  CA NV AZ MN  and a few others..