There of course are going to be other fees such as lease renewal, landscaping, snow removal, eviction and repairs.

Anyone saying otherwise is just trying to artificially inflate their NOI.Wayne:  I'm shocked ... and your accountant would be as well ;-)Maintenance expenses - small repairs, painting, other things that can be expensed in the current fiscal year  - are valid operating expenses and should go there.A capital reserve - is an allocation for the {eventual} replacement/renewal/improvement of items that will be capitalized and depreciated with the rest of the property (roofs, HVAC, plumbing fixtures, windows, doors, etc).  

If the tenants are on month to month just notify them with the correct window, in my state 30 days, and tell them you are not renewing thier lease and they need to move.

Sounds like it may make better sense to shop around for the best quotes on my policies (at renewal time?).  

What happens if they cannot renew the tenant?

What happens if they cannot renew the tenant?

Does anyone have a sample letter of a Non Renewal of Lease for a Month to Month Tenant? 

I will offer a less then one year renewal if  they ask and  it works for everyone. 

Explain to them that it your legal right to end their lease (or rental agreement) within the bounds of what is laid out in it  (notice of X days, non-renewal, etc.) but you want to talk to them so you can reach an agreement.If they really really really want to stay, maybe they'll move into the other side once you've renovated it?  

Yeah, ours just renewed and they added an extra charge since it wasn't our primary residence.  :(