Our renters are looking to break their lease 5 months early.

According to our lease agreement, the lease "ends at 12:00 noon on Thursday, Oct. 31, 2024.

I would say look through your lease which you've probably already done.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

only the appreciation gained during the leasing period?

I know I need to learn all local regulations, why the property is available, if the current tenants have leases, all of the financial analyses (Let me know if any of you have come across something I might not know), section 8, available grants, and possibilities to finance the deal if the numbers work.  

I'm guessing we end the lease, contact insurance, do repairs - then relist it for rent? 

Think practical and comfortable.Lease Structure: Mid-term rentals typically run anywhere from 1 to 6 months, so having flexible lease terms is key.

They want $1000 for lease up.