It's also worth noting that charging order protection for single member LLC's in Florida is poor, so you should consult with an asset protection attorney for better protection options.

Your best bet is probably to raise it to market rent on a month to month lease. if for some reason you do not agree with month to month leases, then give them the opportunity to apply and be screened before their lease ends (I would pay for the background check in this situation.)

I agree with @John Underwood - take a slice of their pie, based on what they're going to charge their property owners.  

Somehow people are rehabbing houses all across Austin, SAn Antonio, even Los Angeles and Manhattan, but I bet they are NOT buying in the retail market which is the MLS.

A traditional refinance would likely be your best bet because even though the interest-rate would be higher there would be no mortgage insurance in your net cost would be slightly higher than what you’re paying  on the money now.  

Im sure there are points and fees to be charged for the loan upfront which you would want to factor in.

Your best bet would probably be to contact a small mom-and-pop brokerage, not a franchise.

This is in a super high growth market and I bet in another 5 years this place will appreciate a ton more.Property 2: We live there now, but will probably move out in about a year or so. 15yr fixed at 3.15% bought 5 years ago at 650k.

And to get a idea of what you are charging them? 

There's some local and not local companies that do the management - Take calls, set up AirBnB accounts, host etc, and charge 10-20% of the rental incomeHow has your experiences gone?