Had an issue with my post and can’t edit using mobile app.Anything I can do?

(removing duplicated edited post)

You can charge a premium because of that supply and demand, and use that to pay for the increased wear and tear. 

I give them a notice that offers a 12 month renewal at the going market rent, a 6 month renewal at a $40 premium, and a month-to-month option at an $80 premium.

usp=sharingSpreadsheet: https://docs.google.com/spreadsheets/d/19koYc2gRbRdmTJ5Lyv5d-qi836TH5uB58P0c1RId24E/edit?

PMI on a conventional loan can be removed once you reach 20% in equity.When dealing with FHA, all loans will incur an Up Front Mortgage Insurance premium of 1.75 percent on the base loan amount so.Try to go conventional if you have a good enough (720+) credit score. 

@Michael Conte hmm there doesn't appear to be an edit feature but I should add that the property is being bought with cash from a private lender with no "due on sale" clauses

FHA loans will have an upfront MIP fee (mortgage insurance premium) of 1.75% of the loan amount and a monthly MI of .85%. 

My personal favorite is "Every Landlord's Legal Guide" by NOLO because it has all the practical advice but it also has all your state-specific laws and some sample forms to use/edit. 

The tenants have been in the house a few years, have taken great care of the place, are paying premium rents, and have expressed they plan to be long term tenants living out their retirement in my rental.The tenants like to keep busy with projects.