I explained that I would like to see them searching for new housing however if it came down to them needing an extra month we could discuss that as an option in the future, although it wouldnt be establishing a new tenancy.

Big thanks to Rent to Retirement for getting me back into the game of real estate investing where I'm not doing everything on my own!

I have a mentor in the game that is very successful as a yay or nay resource.

However I would not consider them to be truly passive because they do not put any skin into the game like a good passive investment does (via a sizable coinvestment).

When rental demand dips they suffer with placing tenants or forced to play a game with who can charge the least in the area.  

Callie, glad to see you jumping into the rental game.

Lifting the veil MAY refer to disclosure of ownership interest, piercing the veil refers to disregarding the entity to establish liability; whether in a “real estate” transaction. of any other type of transaction2.

They Seller Finance it with a balloon at 3 years, with the expectation you'll have established residency and be able to get a traditional mortgage. 

Most importantly I’d love to build relationships with more people in the community and establish friendships that can last a lifetime.

Also, established PMs I know don't like dealing with new property owners with no managing experience because they are often very unrealistic in their expectations.