There are some potential pit falls with that plan (mainly there's a chance that 5% isn't enough to match the work involved w/ X number of doors.

It’s in a great school district (main reason we’re moving) and is about a mile from a lake with a state park.

The latter options may not appear to be as attractive, but they could possibly increase your cash flow on the quad, and allow you to purchase another property with an FHA loan a year from now.

Fortunately, in the scheme of things, this isn't a big deal.I'm not famiilar with Maine practices, nor am I a lawyer, but what your tenant did would be normal for a tenant on a month-to-month lease who does not want to sign a new 12 month lease. 

@Tanya Rooney Unfortunately, all I have is the main phone number. 

I am about to finish my Bachelor's in Business with a triple emphasis in Accounting (mainly), finance, and management.

I have $100,000 in (mainly private) student loans which is exactly what is killing me.

It's a brick house and we want to extend the house both on the main floor and the second floor.

I have a spreadsheet to track how much I accrue/set aside each month based on the rents I expect to have coming in.My banks let me have these accounts for free with some nominal minimum balance requirements.I have separate accounts for:Working Capital (main account, rents come in, mortgages go out)CapexRep/Maint/VacancyTax/InsuranceCashflowTenant deposits (for self managed properties)https://www.amazon.com/Profit-First-Transform-Cash...

The four main product types are: Retail, Office, Industrial and Multi-Family.