However, given the acceptance of my rent payment for the entire month, I am assuming that this implies an extension of my tenancy through the end of July and hence I canceled the reservations I had made with the moving company.As I am now a month-to-month tenant, please confirm whether you will be providing a proper notice period if my tenancy is to be terminated.

I can't believe it's been 3 years since my original post but so much has changed over this time period.

Thank you for the thoughtful responses.....I will show them the comps, and start with a $150 bump, which is still very under market.Will go to a lease, and note the projected annual increase of $75-100 at next lease renewal period, to get them in line over time. 

Let her know that it is only for her to live in and if she has guests that stay for more than 2 days (or whatever you think is reasonable) in a 6 month period, she needs your permission....or she has to find another place to live. 

Generally speaking, the developers I work for negotiate feasibility timelines and execute a lease with their tenant during that period and the lease is contingent upon them closing. 

There was decent to good cash flow for the period I held these properties.

There was decent to good cash flow for the period I held these properties.

We were under contract for a couple of months while we got through the various contingency periods (attorney approval, inspections, appraisal) and while the tenants were given a sufficient amount of time to move out. 

About how many tenants have you had in that house over that 12 year period? 

During this period, HUD can and will receive counter offer bids from all unsuccessful bidders, as well as other bids from first-time bidders.