Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

They request 7 month or more. 

Instead of $500 off the first months rent, have you considered lowering the rent by $40 dollars per month?

That's because the city won't calculate the actual amount till a structure is built, aka it's not just a plot of land anymore.This will obvious cause your property tax bill to go up and also your mortgage escrow account as well (sometimes these things can make your mortgage shoot up a few hundred a month). 

The husband had a good paying job that had a slow season where he would collect unemployment a few months per year.

My experience has been that most lenders don’t immediately move on this, many don’t take action for 6 - 12 months.  

Only thing is it won't be easy to track especially if you have a 10 unit and all the rents are all $450 a month. 

January is historically the lowest demand/income month so when a cancellation happens it hurts more.

Its a month to month and im in a weak position even to ask the tenant to renew lease now and they seem they are willing to stay they just need a solution to the issue.

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.