Some of the criteria I use:-Rent is not current-Most items of value have been removed -utilities are off-Neighbors have not seen them or saw them moving outAbsolutely no need to go thru the eviction process if your criteria is met. 

Extensions are a pain and cost sellers money. 

My rent, utilities, and WiFi are a combined $1100.

I currently have an IRA with $80,000 that I would like to utilize for my first investment.

Plus the small percentage change you get on the 15 year term versus the 30 would be better utilized to invest with than paying more off your house each month.

These are for a unit with washer/dryer accessibility and tenant paying utilities. 

The lease states that tenant shall vacate premises on termination of the agreement unless;1) landlord and tenant have extended this agreement in writing or signed a new agreement; 2) mandated by local rent control law; or 3) landlord accepts rent from tenant, in which case a month to month tenancy shall be created which either party may terminate as specified in paragraph 2a2a states either party may terminate in writing with 30 says notice (paraphrased)Last May the tenant and I signed an agreement, rent increased 12.5% and the main verbiage is:Specifically, the Parties agree to extend the Lease as per Provision 2A/B “Month to month & Lease” The extension to run month to month beginning October 1, 2018 at a monthly rent of $XXXX and requires a 60 day notice on the part of either tenant or landlord in order to terminate the agreement.

What utility expenses are covered by the owner is another one...what else are you looking at?

How to estimate utility costs in a particular area?

During that process, I asked around extensively and got several recommendations for Jon Vander Vliet at ParkPlace homes.