Tenant must vacate the Premises and remove all of Tenant’s personal property fromthe Premises before 11:59 p.m. on the date the Term expires.

But I will be living in the area for a minimum of 3 years, unless something happens that I need to move, which I do not foresee but life happens.Danny- thank you for the info, and I am getting more into bigger pockets podcast, but they are talking about big money investments more often than not.

Reminds me of Scott Adams quote "My philosophy is that losers have goals and winners have systems." not saying @William Davis is a loser, but often times the how is just as important as the what. 

MaxLastly, new investors often ask what to estimate for expenses.

What type of tenant do you want in your property?

The approval criteria/standards for a text amendment are often less stringent and easier to satisfy than the approval criteria for variations. 

I have often thought the same thing as OP...long run I get it, short run, its harder for me to understand

Even at 500/unit, I'd still be elated just to keep vacancy as close to nil - and I understand, that may not be the best route either because of the quality of tenant - yet, I've narrowed down a couple of Property Mgmt companies in the area that seem to be reputable, and have been the ones that the real estate agents recommended, too.  

Whereas Investors, because they'd be putting down higher deposits and having worse Loan terms, may well be be happy with fully occupied homes (dependent on ROI).More often though, I read of Investors putting in lower offers for homes that are occupied!

TRUST BUT VERIFY is something you hear often and you should.