I've seen it as more of a ceiling than a floor, but it is really a transition point at which the tenant starts to pay more of their own rent.

I want to be as prepared as possible for the best transition; so that, we can get as much money back to invest in the other properties we have our eyes on.

We pulled together the purchase price in cash within 48 hours of closing to ensure the homes smooth transition to its end buyer.

Our property is in Lake County, IL and we are going through a 1st transition from 1st tenants to our 2nd ones. 

I am in a career transition after a sabbatical of sailing around the world (thanks to our rental properties) and I am thinking about pursuing a career as a mortgage broker in Florida.

However, I would have made a lot more than I did in the bigger poker games if I had transitioned to real estate earlier. 

This area is beginning to “transition” with flipped homes selling between $130-200K in the 28031 zip code.

1 - should be mutual/same cancellation terms for both parties2 - normal but if the property is transitioned with a resident/lease in place (i.e. not placed by the PM), I'd have them strike it or move on3 - first part is normal...2nd part is not and would be a deal breaker if they did not remove it

@Hamp Lee III is exactly on-target...VA loan guidelines do not allow the housing stipend you receive while utilizing the Post 9-11 GI Bill to be counted toward qualifying income for a VA loan.Conversely, if you receive VA disability compensation it can be counted as qualifying income, but of course you won't know that amount (if any) until after you separate.Are you looking to transition into a job that directly correlates/relates to your job in the Navy? 

Most were transitioning and staying less than a year.