Generally, these bulk buyers might offer to modify with a balance at, or slightly above/below current value, but not 1/3 of value.

You made a verbal offer to extend the lease you sent over to sign, if they are unwilling to sign the new lease they are under no obligation to do so but you don't have to modify the lease if you don't want to. 

They are also very flexible and can be easily added on to, or interiors can be modified without compromising the integrity of the structure.

Does it logically translate to larger units, or does your idea of a deal need to be modified?

One amazing tip for owners closing on rental properties in the fall/winter was to have the first tenant's term end/renew in June, so I can take advantage of the peak moving season.Therefore, it looks like I'll need to...Modify the first tenant's lease agreement to state that the lease would end on May 31st (or 6 mths from the date of the agreement if, for instance, I find the tenant in the middle of January)...... and also inform all prospective tenants, in advance, that the first lease will be 6 mths long but every successive lease term would be 1 yr long.Sound about right?

@Christopher Baustert You can edit or modify your post.

So they relaxed underwriting and modified appraisal guidelines to match conventional mortgages, banks and loan officers pushed FHA loans because all were paid big $$$.

I designed it this way so it's easy to modify and for change orders, also it's easy for me to calculate my costs because workers compensation varies a lot in CA (7-57%).

What you're looking for is typically a Purchase and Sale agreement, Assignment contract, and a modified contract for double closings. 

Looking for a few people's opinion so i can modify or solidify mine.