Again, we need more context to make any sense of what you are saying: If the lease has expired, the PM can and should withhold the funds as appropriate from the tenant to cover the cost of any cleaning, junk removal, damages, repairs, and unpaid rent/fees.

An example of this might be someone with 1031 funds set to expire and they have to pay retail price for a property.

I have a signed purchase agreement (land lot) with a notarized affidavit of memorandum which expires end of the month.

What percentage of expiring leases will renew their lease each month?

It explicitly says that local government and even HOAs (from my non-lawyer read) can pass rules prohibiting STR, however- They have to specifically limit the stays (i.e. stays under 30 days prohibited)- It only applies to new STR (after the effective date of the rule)- the protection expires if you sell/transfer or stop acting as an STR for 30 months- "Generally Commercial Activity" a phrase common to many restrictive covenants, IS NOT sufficient to limit STR- Municipalities can require permits (details in the law, but this is likely license to dictate terms in any areas actively under zoning control)I think you have to see this law for what it is, TN trying to attract investors.Final disclaimer - Not a Lawyer 

If the lease expired, you can evict even if payments are up to date.

@John Ringgold*Pet addendum *Trash clause (storing of trash, and or keeping your area clean) *Health and safety clause( blocking entries and exits, fire hazards, grills, candles, smoking) *smoke alarm clause( residents must report when smoke alarm is beeping and should not disable or take it down) * Unauthorized guest clause ( landlord has yhe right to exclude any person not on the lease whom poses to interrupt the quiet enjoyment of the community) *vehicle registration ( disable abled vehicles, expired tags) *damages clause ( outside of normal wear and tear) To name a few

I would suggest sending a written letter (physical and email) informing the tenant of your intent to let the lease expire.

@Adam Camacho Here's a lease option agreement that I drafted when I was in a situation very similar to the one you're in:Lease Agreement with Option to PurchaseI rented out the property for 18 months to another tenant (extending the agreement for an additional 12 months at the initial expiration). 

They say they'll cover a tenant's payments until the apartment is re-rented or the lease expires if they're delinquent.This seems like a good deal, but I've never heard of anything like this.