Is there a month-to-month option?

Rent is around $130k  per month. 

Once your portfolio gets so big, you will need organization of your financials not only for tax time but also for your day to day, month to month decisions.

But then they can raise the rent just $10 per unit per month and create another $600,000 in value across both theirs and the ones we sold.  

Example: If a business buys an oven and it costs $5,000, and $1,000 for installation and setup, and $200 of delivery and transport fee. 

My goal was to just take his month late payments and give him a non-renewal when his lease is up.

My mortgage will be $2,005/month, and I’m budgeting up to $600/month for utilities, leaving a potential monthly cash flow of $995.I also set up an LLC and a business account to track rental income and expenses.Questions:Do you have any advice for me as a young real estate investor?

They have a big event on the second Tuesday of each month and it's a great place to network: https://www.marei.org/ Thanks for the plug Andrew . . .

I'm hoping they'll just go at the end of the month.

But as far monthly payment you could easily buy a house in a cheaper location have less roommates and the same monthly payment or the same number of roommates and a lower monthly payment.