Not sure an attorney and an agent fulfill the same role, but in my state, anyway, $1500 is reasonable for an attorney fee.

The tenants willingly entered into a two-year lease and are legally obligated to fulfill it.

Our personal lives can be overwhelming at times and being of service to others can feel like an additional task on top of the pile of daily tasks you already have but I think you'll find it to be a very fulfilling experience. 

Just go with a 6mo.As mentioned, charge a higher deposit, but let the tenant know that you want to help, but THEY are going to have to commit to helping themselves by being on time and fulfilling their lease in a timely manner. 

A little about myself, I spent 11 years in the Army flying attack helicopters and now have a fulfilling job as a Medical Helicopter Pilot which gives me a lot of down time to spend on real estate investing.

At least until Biden fulfills his intention to eliminate the step-up provision.  

The reason they want to do this is two-fold: 1) they're getting older and want to reduce the # of properties and tenants they would have to manage in the longer-term 2) if they have to have a tenant, they'd prefer it to be an easy arrangement: us living in one of their rental properties would fulfill this requirement.

@Bryce McBridewe all work towards more return; be it cash flow or income from flipping, HML, whatever. 200 dollars per door does not sound like a lot; but it depends on how many doors.Decide what your goals and criteria are and work to fulfill them.

My question is by refinancing does that restart the clock on our 2 years that we must live in the property to fulfill the FHA requirement before moving and using this home as a rental?

I am a vanishing breed, as more and more people become psychologically dependent on animals to fulfill their emotional desires, more and more units are pet friendly.