If I knew it was only 4 months I'd take the gamble, but at this point I am considering selling as leases expire for my SFHs. 

I’m not a huge Dave Ramsey fan, but in this case I’d recommend you don’t gamble- pay down the loans and regain some control.

So I guess my original question should have been more specific in that, Yes, this strategy is a gamble, but the risk to reward in this particular market makes a lot of sense.

Why would you take a gamble on losing one with an automatic rent increase?

I know I'm taking a gamble of with ordering a home inspection and then tenants not opening doors.. but i feel tenants are probably annoyed with different people coming to see their homes.. but if planning a few weeks notice to let them know of a home owner inspection.. they might cooperate ? 

They have crushed their financial future gambling on future results.

An informed gamble along with aggressive advertising is usually your best bet in avoiding long vacancies in these neighborhoods.

Nobody has a crystal ball, so that's the gamble. 

ARMs are a gamble.

They're taking a bit of a gamble, hoping that once the building is finished, someone will want to buy or rent it,( however, if your in the growing markets you don't have to worry about that)These are the Pros :a spec build presents property investors with the potential for high profits, faster project turnover, design control, portfolio diversification, flexibility in property choices, and the ability to leverage market demand for increased returns on investment.