Look for a leasing broker with the Costar leasing package.This gives data on which tenants leases are coming up for renewal and what per sq ft they are paying with size per unit.The leasing broker then does a " void analysis " of what might be the target tenant to go there for the best fit and rent for the center.

For the most part we are seeing an 8% to 10%, with lease up fees, renewal fees, minimum fees, etc.

This can be negotiated up front or on a renewal.

We have never dealt with this kind of transaction.Here is what he wrote, along with sending over the 4 point inspection:"Lease with option document as executed by said tenant will be presented in person for privacy rights of tenant.Be advised, any and all executed notarized recorded wet signature documents will be submitted in event of junction to performance.Tenant/Buyer is under contract as Lease with option that could expire January 2016 "36 months" effective Jan 2014 for $40k or to be renewed for 24 additional months at $700.00 in the event of nonperformance of said option.Direct deposit on the 3rd of every month."

That means disposing of our rentals here in North Houston and starting over.So far, four rentals sold, one in rehab mode and seven with tenants that won't be renewed.

But that shouldn't matter once the lease expires and it's time to renew the lease.

The deal-breaker was the 50% of first months rent for each new lease, and $100 for each renewal.  

We have many clients who tell us the same things.I obtained my RE license and just renewed it last week as a matter of fact.I have the same goal as you, to use it to flip and save on commission. 

I market for and find a qualified tenant buyer who is working to renew their previously good credit to sub lease I work with a mortgage company to help get them approved within a year as they make payments They get approved, exercise their option, and close on the property I excercise my option, pay off the sellers mortgage and recoup their equity, everyone winsThe sellers who might welcome the offer include those considering to rent if the house isn't sold soon or perhaps those whose listing are about to expire.

That one warning and afterwards you don't renew (30 days leases).