Quote from @Mei Zhu: You can keep the tenant on a month-to-month lease, then close any time.

I've always planned on purchasing a bigger multifamily (20+).

It sounds like you are on the right track.

Typically 75% of max occupancy is our standard occupancy and then $10-30 per person per day extra (depending on unit price point) up to max occupancy. 

We own a church and a single family home on one parcel in Davenport Iowa.

Our bank offers Deposit only cards cards (looks like an ATM card) that we give to each tenant with their name on it.

The playbook on how to use real estate to build wealth tax efficiently:1.

Connecting with brokers and agents can open up new opportunities for business, especially in the private and hard money lending space.If you’re open to it, I’d love to discuss how we might collaborate or share insights on deals.

Holding onto a property merely for tax considerations is a dangerous gamble.But if you want to gamble - yes, selling in a year without a W2 job usually saves on taxes.

As long as everyone is aware of what is going on I don't see a problem in adding a consult/assignment fee at closing.