Many obvious reasons why but here’s one; I was in your shoes just a few weeks ago.

You're likely to shoe horn a property into your portfolio that you would not normally buy because that's all that you have.

Were we in your shoes, we'd offer them two options. 1) 6 month lease with higher rent, 2) 12 month lease with lower rent.

@Jackie Botham I think if I were in your shoes, I'd simplify. 

It all works because I own the property and as the old adage goes "no one cares more about your property than yourself".However, in contemplating going out of state - I know I'm not the first one here to ask this question - I wanted to some collective feedback and experiences from other people in my shoes.  

If I were in your physical shoes, I would definitely use that one unit as a way to put together a renovation plan.

If I were in your shoes I would explain to your tenant that anyone not on the lease cannot reside in the property long term and inform them that the person will need to go through your application/tenant screening and if they meet the requirements they will be added to the lease.

If I were in your shoes, I would do both. 

Imagine yourself in the shoes of the buyer, thinking that "the cheap seller skimped on the appliances when new ones would have only cost one or two percent of the asking price" ...

Putting myself in your shoes, I see the concerns and I’m not invalidating them in any way.