If you are referring to the ability to terminate the tenancy at your discretion sooner, a M2M tenant would generally be the correct choice, but perhaps the wrong approach.

The contract listed blank for the early termination fee, so I assume that means their is no early termination fee.

I am currently in Hawaii for a short term assignment, however, want to invest long term in Chicagoland for several reasons.

When I charge $5 for a bulb or battery for a smoke detector don't complain.

HelloI'm currently in a position where I have signed a 6-month fixed term lease, paying $800 per month (effective January 1 2016) - with a three-month termination notice clause. 

Or just terminate the lease and move on.  

Once the appraisal comes in, which is always before the Loan Objection deadline, the Buyer has the right to terminate the contract based on the Loan Objection deadline, citing that "in the buyer's sole subjective discretion they cannot get a loan at terms that are satisfactory to them."

In this scenario, lets assume the mortgagee and mortgagor are both in agreement and would like to terminate the existing mortgage agreement (rather than pursue foreclosure).

Which states:In the event that the PREMISES is not rented or leased within 60 days of the date of this Agreement, or remains vacant without being subject to a lease for any 60 day period, either party may terminate this Agreement upon 30 days written notice to the other jparty of such intention to terminate.......My advise is to re-read your management agreement.

Since I am viewing this initial property strictly as a buy and hold investment, should I factor the terminal value (eventual sale price) price appreciation into my considerations?