I want to implement some additional verbiage in our rental agreement so this doesn't happen again and things are crystal clear to us/tenants who do end up being "month to month".

Not only will this add no additional protection, it will merely add operational costs.

I enjoy sharing my success stories, showcasing how lucrative deals and wise investments have enabled me to make a positive difference in my life and the lives of others.

If you want to capture additional short-term gains... probably best to just stay the course you are on. 

So, providing accurate and detailed information in your real estate listing is essential.To provide accurate and detailed information, follow these tips:Include information on the property’s size, location, and amenitiesMention any recent renovations or upgrades to convey the value addition that has gone into the propertyProvide information on the surrounding area, such as schools, parks, and shoppingBe honest and transparent about any issues or repairs that need to be made – nothing turns off a buyer faster than the feeling that they may have been lied toRemember, providing accurate and detailed information can help build trust with potential buyers and increase the chances of a successful sale.

This individual has successfully been doing property management through a company that has supported him in addition to his off-line unrelated real estate duties that he successfully continues to manage.

If you want to gain true value its all about equity positions over time.

I had significant PAL in the first couple years due to bonus depreciation and other factors, and I expect positive passive income moving forward which I'd like to continue offsetting as long as possible. 

Then you are in a better position to increase the rent and improve tenant quality cause the bathroom fix is done and ready to go. 

Additionally, you may need to have discussions with your JV partner to come to a mutually agreeable solution for the long-term ownership of the property.