That being said there are lots of military here, the lowest unemployment rate in the nation I hear, and the city is going leaps and bounds trying to improve the streets and rejuvenate areas of town.

So right now its value is growing, whereas cash sitting in an account looses value because of inflation. 

I probably won't make it a habit of offering multi-year leases, but in this case the benefit outweighed the risk of loosing a small rent increase in year two. 

If he goes belly up, you will loose out. 

Also imagine you see a home and fall in love with the home, its always better to be ready to offer immediately than to start the preapproval process and potentially loose the home to another more prepared buyer or find out the buyer cannot buy the home.  

The Trust owns the property so your brother's do not loose their benefits. 

You can use it to your advantage if its a property that you truly want, but it's bound to give you surprises. 

You want the home rented all the time so when a tenant leaves and then you stay there for 2 weeks you end up loosing about 2 months of rent.

With the tenant being such a loose cannon, we prefer to get him out and move back in to keep up the above requirements until the foreclosure sale.

@JACOB WENGERD - This all depends on Lease Law in your State (and possibly County / City); however here in NC where I am (and generally speaking), the purchaser of a tenant occupied home is still bound by the terms of the lease unless they will be moving into the property themselves versus keeping it as a tenant occupied rental.