Also does this market demand a $1k a month lease, per side?

Have any of you considered or do any of you put that money into a CD equal to the length of the lease so you can gain a significantly greater amount of interest on that money you will hold onto for the foreseeable future rather than letting it sit in a low yield savings account.

If you aren't managing the properties and just doing leasing services it will probably make more sense for you to just use mysmartmove.

Your tenant will want to break a lease because a neighbor was murdered (this happened to us 3 months ago). 

Anyhow I've held onto this apartment since then and it's been leased.

It may be a breach of lease.

30 Days Due Dalliance with option to increase to another 30 days.Due Diligence to start AFTER you receive all the financial information, copy of leases etc.

As an aside - the place already has a lease to some fantastic tenants who are willing to extend the move in date a couple of weeks.

The sellers want to lease back, while they find a home to move into, and we want to rent it to them, since we realistically don't want to move for another few months. 

A 3rd option may be a lease with the option to buy.