Thanks @Ben HowardHere are some quick insights (lists) about the Sacramento County MFR 2-4 market:16,044 properties designated MFR 2-45,056 owners live outside Sacto County4,476 owners live outside of California884 were sold/purchased in last 365 days (~5.5%)2018 YTD: 3432017: 9432016: 8632015: 8124,520 have 100%+ equity796 are underwater12 are in Preforclosure263 marked vacant by USPS143 were purchased at auction by a trustee sale buyer1,445 have had a death of joint tenant in last 365 daysSince 2016, 676 transactions were off-market - and scanning through those buyers a lot appear to be investors as they've done 2+ deals or their LLC name indicates investment orientation.

Asking indicates that they are not comfortable with your lease and if you accept them without agreeing to what they ask they will do it anyway and violate their lease.

The economy will have cycles up and down, but there is no indicator that an event as serious as a depression is coming.

Keep in mind he copy and pasted something from the internet that he indicated his lawyer sent him.

Any lower can be suspect, much higher indicates opportunity to improve NOI via value add.

If we weren't able to get the price I indicated on the open market the difference would come from our half.

Not sure what your state laws indicate, but here in North Carolina our State Bar Association approved forms have it built in to the lease agreement if the tenant files for Bankruptcy, the Landlord has the option to immediately terminate tenancy. 

Well, it’s one of the things that indicate you actually live there, as you are required to do.

Any indication on why it was removed and what they did with the old one?

You indicated a move out in January could cause “4-5 month’s vacancy”... if that is even remotely accurate you’ve got bigger problems than month to month vs term lease.