I'm currently under contract on a smaller, 5-unit commercial office/retail property. 4 of the 5 leases expire in April/May of this year, and one of the contingencies of the sale closing is that 3 of those 4 soon-expiring leases renew for at least one year (I have full negotiating power over those leases).All of those tenants have showed no intention to vacate, and are happy with their current situations.I've seen/read in many places that it is best practice to stagger leases as much as possible in order to avoid the possibility of multiple tenants moving out around the same time, leaving numerous units to be turned over.Would it best for me to try and get 2 of the 4 tenants to renew a two-year lease (which they've done in past) and the other two tenants agree to a one-year or three-year lease (both have been year-to-year in past ).

How much funding (if any) did you use to get started or stay afloat during this time .

@Grant Rothenburger i hope outsiders stay scared for a few more years.

Of course, we allow them stay free for 2 days.

I would very strongly advise you stick to providing rental accommodations and stay out of the playground business.

I'd add that you want to find ask about average tenant stay, and average turnover costs including expected vacancy time and repairs. 

This inherently makes me worry about you getting unmotivated to buy your next one since this one likely won’t cash flow much per month, BUT if you’re patient and understand the purpose of the investment then this could still be a great deal because it will lead you into your next property where you cash flow much more.Like: So this deal doesn’t really fall into the normal type of property that I invest in because there is a lack of cash flow per month, but stay with me for a second.

They will stay long term. 

I am waiting for the I/O to burn off some of these deals and have them come back.We are looking to syndicate our first deal this spring, but are going to make sure the deal is rightGood luck and stay persistent!

The property is in Fulton County Georgia and the courts are allowing him to stay.