Month to month rent only?
I was talking to a friend who has several dozen rental houses in the Milwaukee area and he said that he only does month to month leases on them. They are all in B &C neighborhoods. He takes great pride in his properties and treats his tenants very well, but his theory is that if a tenant wants to leave, they're going to no matter what. With month to month, he's never going to be against thousands of $$s in litigation and months of vacancy during the process. Aside from potentially more turnover, what are the downsides of this?