And your group of tenants can remain under one lease, extended indefinitely, with participants cleanly substituting for one another.

Can you extend tenancyLike after the 60 days are up can you then give a 20 day extension period where the tenant has to leave. 

@Jason CarterSome of that time vacant was purposeful in the fact that after the tenant left, the company needed time to renovate, around 30-45 days, so I was prepared for that time, but the extended renovations into Sep and initial delay put us outside the summer. 

You probably won't get year leases (which you don't want anyway), but make sure they understand that it is a month to month arrangement that can be extended for as long as they follow the rules.

House recently went from exclusive bidding period to extended, and I'm quite positive it will sit there untouched, until at least one price reduction (and probably past that).

This extended portion would be a small living area with kitchenette, a full bedroom and bathroom.

Pad your reserves with the cash flow.The liquid side account absorbs month to month fluctuations (extended vacancies, major repairs, etc. they WILL happen) and keeps you alive until you can find other options, or until conditions improve.

For instance, in NY, back then, if I buy health insurance for myself thru the business, I have to extend that to my employees as well, so I do it thru another business that I'm the sole employee.

Extended Lock Fee: $1233 2.

Lender sold it to me before forecloser docs were completed/filed extending escrow.5. get title insurance!!