• Should I allow more than an extra month if it comes down to it?

MLS - had been on for several months How did you finance this deal?

If someone moves out of a Single Family and your property is vacant for a month, the entire payment is on you (Con). 

Lease is up in 4 months, probably going to put it under management and the tenants will likely move out.2.

@Scott Lathrop thank you for your service Scott.

Does anyone know the average rate that residents pay per month in MI to stay at a residential ALF?

I'm a travel RN with a few flips under my belt, one commercial property that turned out well, and am looking to purchase a property in New Braunfels, Tx to live in for potentially 6 months out of the year.

As a contractor I love it there because of the customer service 

We rented it out for 6500/ month.

I also seeing people selling boarding houses in Cleveland from time to time where they're renting out for $2500-$3000 so I think it's definitely a viable model, but like people are saying, you really need a strong property manager to make it all work.Feel free to reach out to me if you want to talk more about management services for something like this.