:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city. 

I still remember working on the clean-out after the tenant's left.

If they’re financing, the process already takes time, so a slight delay probably won’t matter.If the home is vacant, maybe they can move some things in as a short-term tenant until closing (if their lender and community allows it).

I will be renovating one side at a time because one unit is occupied with great tenant. 

These regions offer affordable prices for most investors, with homes that are turnkey—either newly constructed or fully renovated, tenant-ready, and with systems that still have 10+ years of life remaining.

This could result in a bad tenant and thousands of dollars lost via eviction.It's better to have a vacancy than a bad tenant.

You really don't need that and they'll take all your equity and give you often a poorly rehabbed property in the bad part of town where tenants tend to be tough. 

That said, I've been seeing the TIC (tenants in common) becoming a popular alternative to converting to condos. may want to look into that as well. none of this is intended to discourage you from moving forward, just some food for thought. 

If timing permits you can get a tenant into your home that you'd be leaving.If you are going to move into the new home you have a lot of options for better rates and lower down payments.Matt HowardNorthpointe Bank616.552.5730https://www.northpointe.com/home-lending/get-started/matt-ho...https://www.zillow.com/lender-profile/matt%20howard/

The tenant does what tenant's do, and your make ready for the next tenant wipes out your yearly cash flow.