Many times this penalty can go up to many millions of dollars.Now let’s get back to what is the better choice, to refinance or sell a property.

Someone who looks like they don't have the change to ride a bus or appear to be so stupid they failed 2nd grade is not very likely to have anything for rent (and if they did it would be not be the smart choice for someone to rent from them).Gail

The advantage of such a lease is that it is relatively easy for both sides to terminate this (perhaps this tenant is looking to buy and does not want to get locked into another year lease).If this tenant is a pain in a low spot the month to month tenancy is often a good choice. 

I can almost guarantee you will over-pay if you try and buy in these popular areas.

The 30 day notice would be my first choice and hopefully the tenant chooses to cooperate.

Pay of $25-30/hr goes a lot farther there than here, in CO.Basically I am trying to figure out if I should try to "make it" in the market here, I don't know well, with no W2 income right now, but where I own a SFH with about 25k in equity, or move back to where Im from and know some people and know this one part of town really well.I did move for a reason and if I had my choice, Id keep the house here in Colorado and just visit Ohio occasionally. 

I love Brian Presson, good choice!

I will spare you the nitty gritty calculations (FYI I have already refinanced) and present you with the choices.

Want to move ASAP but are fine with our aug 1 date.I would expect a, c and d all to only be 1 year tenants.I’m struggling a bit with a choice between the tenants.

For me, historical homes are very popular and I grew up learning everything about the owners, neighbors, design, etc.