I feel you guy are very generous with sharing valuable knowledge.

It also seems like if things play out in your favor, it can have a generous windfall. 

We could use the equity line, slow and generously, from it to purchase other properties to flip and rent more properties, and the monthly rent generated from the river home to pay back the equity line and to save up for cap ex, taxes, insurance, maintenance, etc.Our question is, how much are people willing to pay for long term rent?

If the statute is 30 days notice and you give 60 you are being generous. 

 It was a nice gesture, but a costly one. 

He decided he was fine and comfortable where he was at, but I presume he appreciated the gesture of us allowing it.He just renewed his lease for another year. 

This may work for a single family house but in an apartment complex it creates a perverse incentive not to pay rent especially in a low income blue collar small community rental properties.I have a 21 unit apartment complex where the previous owners offered generously cash-for-keys.

If the tenant decides to cross the line and use the "mold" word for safety concerns, you send them a notice telling them they must vacate immediately and rent abates until repairs are completed to protect themselves as a gesture of good faith.   

We were trying to be generous and kind but that stops immediately.

Even old time Tenants will want to go to the Testing Phase if they see their Landlord falter, get too over generous or too understanding.