Run the numbers as if you leased the property from him at 10% x the value of the home( not including 1,000 acres) in lease payments @60% occupancy.

@Mitch M.See prior discussionhttps://www.biggerpockets.com/forums/48/topics/1154727-foreclosed-house-with-solar-lease

I had a tenant that wanted to renew a lease, but only for 6 months - which would have left us in the middle of January (in Michigan :) Apparently they may inherit a somewhat run down house, and wanted to keep their options open.

.: It's not an issue IF their lease is scheduled to expire.My personal practice: when a tenant submits an application, I let them know I intend to contact their former landlords.

We recently put the house under an LLC but are not sure if the lease should reflect the LLC as the landlord or keep our names.

Lol Have you done many lease options as a buyer over many year term? 

About 1/3 of their leases had to be terminated or evicted.I finally got tired of it and stopped accepting Section 8 about six years ago.

Hello everyone, My name is Jordan and I am looking to speak to commercial brokers that specializing in commercial leasing?

Quote from @Caliana Johnstone: Realized leasing to a new tenant can take 5-10 hours easily.

As per the HSTPA, any changes to a tenant's lease whom have been in place for over 2 years requires a minimum of 90 days notice, regardless of what the lease (or lack thereof) says.