You can have automatic renewals of a contract but you can have issues if they are not well thought out and drafted properly.AR contracts mat renew for like terms if notice to terminate is not given, if either party misses that date either party could have regrets.Your contract may have an escalation rent clause, fine, but what happens if some city ordinance or some common practice in your area changes, perhaps from some law suit, you can't modify you lease if it automatically renewed.Any lease that can be automatically renewed beyond 3 years can trigger the due on sale clause of your mortgage too.Automatic renewals may be viewed as a tenant having a first right of refusal by some judge, if any change is required it can be adopted and a tenant barks or they agree they may be viewed as first in line since they live there.Some states cover the issue as well, so I'd suggest doing a new lease each year, for the cost of 6 or 8 pieces of paper it can make like easier. :)

A quick lease with a per diem and a cash holdback at closing they get at move out will do the trick I'd think.Not sure of your sellers, I used to work the pre-foreclosure market pretty hard and people do weird things when they are cash strapped, or after you solved their problem and then they discount the value of what you did for them after the fact. 

For argument sake, let's assume the house was not built with the proper building/windstorm strapping requirements...Question: 1.

My family have been in the card system laundry mat business for 25 years.  

You mat even be able to get milestone bonuses.

Now, the market has shifted, favoring less expensive homes for cash-strapped millennials and young families.2.

I inherited about 8 laundry machines that have card readers (not credit cards - laundry mat cards) specifically for the laundromat they came out of.

Some neighborhoods they may add no value, some neighborhoods they mat add $40-$50k.

I did not respond since our family was already busy with holiday activities.Another hour passed and I got a message from the tenant stating that he was on his way to a bar with his girlfriend and had left a money order under his door mat.  

Good morning AnnYes I am aware that I could not use buyer C’s funds to purchase a property,  I was taught that in one of my classes,  I liked how you were right to the point with your answer, my purpose for asking the question about double closings is I am searching for mentors in the real world of real estate, I guess I could have asked google the question but that wouldn’t have got me in touch with real people with real answers, this site is fantastic for beginners like myself, I’ve been installing flooring for 43 years working with realtors and new builds and investors, I decided to retire my back and knees from my trade so I can continue to work with clients on a different level,  I just completed and built my dream cabin in central Maine, I coordinated the entire project and hired all the contractors and paid them as well, I do have a passion for real estate, one of my goals is to gain relationships with realtors Thank you for your answers Mat