In NJ, unless I have cause, a cannot refuse to offer a renewal to a tenant so just letting leases expire isn't really an option.

The look i was going for was an industrial loft style.

We let tenant out of their lease. 

This fall was particularly difficult to lease out properties.

My lease requires tenants to maintain updated contact information.

Many realtors here can not place their own property for lease on MLS.

He just helped me get out of general contractor bids and leases and saved my company like $200k in liabilities. 

In one town regardless of what the lease says.

@Chris Bruneau,  A paid off asset, full depreciated with significant gain, owned by folks wanting to exit the landlord business- this is the perfect property to 1031 into a passive commercial asset where the value is the lease and longevity in decades. 

He is willing to sign a 5 year lease with me, I do renovations and then I can rent it out until the 5 years are up (I plan to include a buyout clause if he changes his mind) He gets the home renovated, I get into real estate without having to buy a home right now.