We currently have no money saved for a down-payment on a new place, so we'd like to research if taking equity out of our current home while continuing to rent it out is a feasible strategy to get us in a new place in Rochester.

Thanks so much for taking the time to educate me everyone!!!

Part of the deal is he will continue to manage them.

@Andrew DoyleGet better educated.

My plan is to let that sit and continue to let it pay for itself..

@Alex Shaughnessy, a month to month lease continues for each month period until terminated with a 30 day notice (or potentially 60 day notice by landlord in certain instances). 

I have continued with semi-gloss and the tenant can deal with it.

The other way is to just create your own audience using your own parameters -- I continue to experiment with this. 

I have been really getting invested on education and networking in the last couple of months.

Your best option is to continue working with your lawyer, the fewer the number of outside partied involved in a situation like this the better.