He does get a different tenant base than he would renting the 5 bedroom to one large family or extended family, but his cash flow is definitely higher than with one set of tenants.

I've seen where people add so many loan extensions with optional payment.Say 1k gives you a 1 or 2 year extension and this can be done 4 or so times.This agreement could be changed so many ways to make it work.You could offer a higher interest rate after 7 years to extend to 15 years.

This starts with contracts but also extends to communicating expectations during the construction process.

The RE agent stated some properties on the river in the past did not get their lease extended to provide better river access.  

It is up to the CPA to determine if the taxpayer is an "Affected Taxpayer" and if so which date/dates are being extended.

they probably have a bunch of 3% nonconforming loans on their balance sheet so 5.5% is not bad, totally reliable payments, plus in a legal battle they'd likely find the power of attorney didn't extend to the ridiculous term and that there was no breach of any enforceable agreement.   

The appeal period was extended until today, 12/2.

They said lock could not be extended (it was a very favorable rate), and they want to increase rate about 0.5%.   

Particularly over an extended period. 

Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.