I would retract the document (hopefully you are using an e-sign technology to make it simpler) and create a month to month lease option with $x increase.

Have tanent who paid rent for continuous 3 months ( June - sept) in 2023 but didn't pay rent for rest of the year and didn't leave the house and end up with eviction process, so for rest of 3 months of the year we didn't receive the rent.So in Schedule E form.

e) something else?

E.  

As a rough approximation, you can expect E TN gross annual rental revenue to be around 15-20% of purchase price at most price points & home sizes.

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Quote from @Chris E.: After years of being on the sideline, finally taking the plunge into real estate investing.

@Elton Tate first, you need to understand the difference between loan fees and transaction fees.Areas E, F & G are outside EVERYONE's control and you'd pay all but G if you bought with cash.So, your Closing Costs are really only $5,932Now, $200 for a credit report is crazy unless they are pulling Dunn & Bradstreet on your LLC.Title charges, except for closing fee, are regulated by the State of Michigan Insurance Division.Why aren't you working with someone that knows all this?

E property isn’t going to be occupied by someone paying more rent than your over market payment.

I have been contemplating going into the E-commerce business and start drop shipping but i dont know if its a good investment or not.