BTW, negotiating is a tactic to gauge you as a suitable mark.I never allow a change in terms from what I advertise.

Archer then goes step-by-step into how to set up and fund the LLC under an SDIRA company such as Entrust or Pensco, and he even includes an LLC operating agreement, he says is suitable for use as a guide in Arkansas, as well as a subscription agreement.Even if you live in Arkansas, you’d be crazy to blindly follow this kit on your own, in favor of speaking with your attorney and CPA.

We always go with the 1 year renewal, to avoid the holiday/school year situation, not to mention North Jersey winters.How about offering them a x month renewal that gets you through the wintertime, and allows them to break the lease if a suitable tenant is found as a replacement?

If they aren't ready to sign a lease, they aren't a suitable candidate for the property. 

If the Judge believes that the Tenant they chose was suitable enough for you to accept, they might not award you the rest of the rent that is owed.   

My point is if you have a belief that due to their particular classification, definition or whatever renting to them would places your business at a higher risk do you choose not to rent to them.By not renting to them I am not suggesting you deny their application based on your belief but rather do you continue to advertise and screen applicants for a more suitable/better or equally qualified candidate then simply notify them they are not accepted.

As long as the landlord uses the same standards to determine if an applicant is financially suitable and takes the same action against all persons who fall behind in payments, the landlord's actions would not violate the Fair Housing Act.

It just depends on whether the planner is held to a fiduciary standard, or a suitability standard.

Already have one in mind that looks suitable, but hoping for a 1-2BR condo or townhouse. 

We can play with "cost of money" figures all day but those figures are largely fungible against alternate RE investments.I think if you take out the convenience and emotional attachment to your house you will almost always discover you can reinvest your equity in a more suitable property(s) for a better return.