Your tenants that have caused no problems then carry on.However our practice is after a 1-year lease ends, the tennancy becomes month-to-month. 

Formica counters looked to have a medium degree of water damage here and there. 

Cause I definitely can just leave my day job just yet. 

This could cause prices to inflate to SF levels.Cons: HOAs are extremely high making most properties in Adam's Point cashflow negative.

One problem with extensions, if the BPO gets to be 90 days old before closing, which it shouldn't in your case, it will expire and the bank will order a new one which will cause a delay, and could result a higher approved price.

On top of all that, I would look close at what others are saying about that thin $15k rehab budget, you may easily go over that causing the loss to be deeper.

Everything filthy, water damaged window sills, carpet is pretty trashed from pet stains.

I have a 5 bedroom home that is about 100 years old and has the original solid wood interior doors. These doors arent perfect, after all, they are old, however still very sturdy. That is until my tenants decided it wo...

I recently ran across a fire damaged home in my neighborhood that appears to be vacant.

If they legally can't break the lease, I would request they pay the monthly rent when it's due, and return the security deposit as you would normally, less damages, a month from now.