If the lease auto-renews to a month-to-month, then you can post a letter on their door (take a pic) or send it by certified mail with a signature required with the new terms starting at the appropriate times based on the lease.

Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

Also if this property is on septic that also can throw a wrench into the ability to call a space "a bedroom" as septic systems are sized and permitted based on the bedrooms.

There are too many factors to consider to just provide base rates for what you're asking. 

I would need to consult tax consultant for this however I expect to reduce my effective costs by ~$1,495/month (based on a 32% tax bracket).2.

Will they base their calculations solely on the income from the two legal units and disregard the non-conforming basement?

It's a 3 restaurant package in West Virginia (where we already have a base) and includes 1 piece of real estate.

I never thought about maybe they are assessing it based on wrong fundamentals such as you said.

President Trump said during campaign to plan on 14 million to be deported out of 32-35 million illegal immigrants in US out of 335 mil population base.

Since I'm based in Tampa, I don't look outside and compare markets.