My month to month lease is basically I say if you leave prior to 6 months i retain $$$ of security deposit for redecorating fee.. a 60 day notice is preferred but 30 is required,, I will guarantee no rent increase for 12 months..

Furthermore, Tenant shall be responsible for reasonable advertising and redecorating expenses, lost rent, and other expenses incurred by Landlord as a result of Tenant's premature termination of this Lease.

No rent controlNo statutory limit on rent amounts or rent increasesLandlords can hold security deposits, even earning interest on them during rental termEasy evictions in about ~30 days depending on circumstancesRefundable deposit limited to 1.5x the amount of monthly rent, BUT tenants can voluntarily pay more (this limit only applies to refundable deposits, but not non-refundable cleaning or redecorating fees)

Rule of acquisition #74," Knowledge equals profit".You need to do a ton more research and due diligence before you agree to anything.You need a power team to help you make this decision,an experienced realtor who also is a property manager and knows exactly what the property will rent for with some redecorating completed and a great contractor who can point all all the flaws in the property that are going to need replacement or repairs in the next 10 years.Rule of acquisition #3,"Never pay more money for an acquisition than you have to".After you have identified the flaws in the home(needs new roof,plumbing,electrical,appliances,etc) you can offer a better price the property knowing the actual retail value of the property and not just giving him what he wants.No one should ever by an investment property with no hope of steady cash flow after the tenants move in.Complete your due diligence and remember always rule of acquisition #18," An investment without profit is no investment at all".

But as posted in the photo up thread of my kitchen closet/glass cupboard, my own kitchen is natural cherry and we just love it, and get compliments on it every time someone new comes to the house.I'm certainly a bit of a curmudgeon, but I believe much of 'trendiness' is designers justifying their existence and making people redecorate to buy more stuff.  

In addition to those you will have redecoration costs and prorations.