If the tenants chose to leave they must give a 30 day notice prior to leaving.

Notice I say should as no one really knows where rates will be in 5 years but I don’t think you want to take on the additional risk to find out.

Someone who is familiar with the law in TN (Hamilton Co.)I am in TN and sent tenant a 30 eviction notice nov 16 via certified mail.

Send 7 day pay or vacate notice sooner.

@Bill Goodland the other thing with Heloc's  ( and I am not suggesting this will happen )  but they can be frozen and called without notice. 

It you communicate your rental criteria to prospective tenants in advance before accepting an application and application fee (required in Washington State), you would not run into this problem.It's perfectly fine to reject an application or approve it with conditions based on legal rental criteria.You may want to use a standard form, such as an "Adverse Action Notice".Here's some information from the one we use:----------ADVERSE ACTION NOTICEApplicant name ____________Applicant mailing address ___________This notice is to inform you that your application to rent the property located at ______________  has been:[] Rejected[] Approved with conditions:[] Residency requires an increased monthly rent of $_____[] Residency requires increased [] fee or [] deposit of $ _____[] Residency requires last month’s rent[] Residency requires a qualified guarantor[] Other requirementAdverse action on your application was based on one or more of the following:[] Information contained in a consumer credit report *[] The consumer credit report did not contain sufficient information *[] Information received in a criminal record[] Information received in a civil record[] Information received from references[] Information received from previous rental history or reference[] Information received from employment verification[] Inaccurate, false, or misleading statements or missing critical information on the application*If you were rejected based on a consumer credit report, you can request a copy of your credit report for free from the below-checked agency.[] Experian[] Equifax[] TransunionDated this day of ________.Agent/Owner Signature _________

I noticed the "big dogs" at the auction bidding on it so I joined in and ended up winning something I knew nothing about. 

Hi,I just noticed that a house we liked had its status changed to "unconditionally withdrawn".

The one good thing about the LLC commercial loans is that they are alot less strict & easier for paperwork than Fannie and Freddie. 

Well not quite yet, they gave me an appropriate timed 60 day notice that they were not going to renew the lease.