You can try to not-renew the current leases but prepare for a potentially uphill battle.

When they are gambling on a completed project, they want to know a battle tested captain is at or along side the wheel. 

Mine is Battle Rock in Port Orford..

I work with a lot of investors who own properties in Austin and their battling the same thing you are right now so they've shifted to areas like SAN, DFW, Memphis, Little Rock, OKC and Tulsa for a variety of reasons but the top are price points are lower and rents are stronger.

Could be a battle to determine what kind of rent increase is "reasonable."

Nathan,I don't mind offering answers but please make sure this is not an "Ego Battle" I am here to help and honestly I am an FDIC Banker - Not a realtor so I am the one who offers the financing.Regardless of 6 months - Yes you can use college from a major university or trade school!

It’s crucial to have a solid agreement to mitigate these risks.The Ugly: Without clear agreements, co-ownership can lead to legal battles, credit issues, and potential loss of property.By carefully planning and seeking professional advice, you can navigate this situation effectively and find a solution that works for you and your family. 

Dealing with problematic tenants, constant maintenance issues, and the pressure from family and friends who don't seem to understand your vision can make it all feel like an uphill battle.

Be sure to have good exit strategy for if/when that happens.A wise mentor told me once that until you've "Battle tested" a strategy for at least 5 years thru one full economic cycle, consider it still all good luck.

Fighting the county or state is a very tough battle sometimes.What I do like to do with these overage lists, is to research the property itself.