I got renewal quotes on 2 of my investment properties in Tampa this week.

For the largest assets (commercial): We normally do upon renewals. 

Ask about:- Their average tenant turnover time- Fees - For placing a tenant, monthly fee/percentage, fee for renewing a tenant, eviction, repairs (repairs are the biggest moneymaker for MANY PM companies).- Find out what they require for their contractors (insurance, experience, etc).- Make sure you're the one making the final decision on the tenant(s) and the one setting the criteria- What they do to market the property- How often they're inspecting the property, what they look for, and how they document.- How they will communicate with you and what they will communicate with you about (find a happy medium so you know what's happening with your property, but you aren't spending the same amount of energy as you would if you self-managed). - What happens if their "go-to"/assigned property manager for your property is sick or quits.There's probably more besides what I have and the great points that @Charles Carillo mentioned, but this is a good start. :) 

They make money not just on opening the deal but life long renewals.

They also had five 1 year renewal options with 4% annual escalations.

My plan was that repeated infractions would result in non renewal of their lease. 

So it’s important to understand where the leases are, and include in your offer/contract that seller will not enter into any new/renewed leases without buyers approval.

I would not replace the tank, I would non-renew as soon as covid is done and only offer to continue m2m if their lease expires before the eviction moratorium ends.

Let the seller serve non-renewal notices and deal with getting them out for you. 

Once the exemption is applied, the Assessor’s Office auto-renews it for you each year.Automatic Renewal: Yes, this exemption automatically renews each year.