Depending on other factors I could easily see $300/month for a SFR.When I did this exercise I posted my thoughts in the San Diego section of BP. 

If you get it exercise your option.

I understand that when my tenant is ready to exercise their option, i can go ahead and exercise my option by doing a double closing.

This exercise can be eye opening for some investors because the result is not always as expected.  

Unfortunately, this in turn can also have other adverse ramifications that may end up affecting the pocketbook of the landlord due to the tenant's ignorance and negligence or seemingly lackadaisical attitude in maintaining the property according to the terms of the lease.Case in PointTo prove a point, my company recently provided inspection services for a couple of commercial properties owned by a real estate investor who presently leases each property to a different franchise business, one of which represents a chain of successful retail store outlets (that doesn't need to advertise) and another that represents a successful 24/7 physical fitness exercise facility that often advertises on television during normal viewing hours.

It was time consuming and painful (for the shy folk) but was the most enlightening and informative exercise.

The auto-renewal clause can be exercise a couple of times (say three years in total).   

The lender can exercise the “due on sale” clause if the name(s) of the buyer are not the same name(s) as the members identified as the owners of the LLC.  

But if they want to be hard-nosed about it and tell me in no uncertain terms to either pay up now or pay a lot more in higher fees (bad credit rating, public notices on my record, eviction, and so forth), I accept the fact they have the legal right to exercise their nuclear option.As far as I know, everyone faces the same potentially harsh consequences when something goes wrong (for example, the tenant in the White House can be evicted for committing high crimes and misdemeanors).

(j) Unless otherwise provided in the limited liability company agreement, a member shall cease to be associated with a series and to have the power to exercise any rights or powers of a member with respect to such series upon the assignment of all of the member's limited liability company interest with respect to such series.