It is even more common with people relocating to an area.

If you want to rehab a property, you need to give longer notice and even pay relocation costs in some cases.

Vermont real estate is super hot right now - an exceptional seller's market. 1st it was driven by AirBnb and STR opportunities, then it was the COVID migration from the cities and now, we are beginning to see climate change driven relocations.

There are still 1% deals but the more attractive part is Columbus is an expanding city, with several significant companies relocating to the area in the near future, resulting in an abundance of new job opportunities. 

I presume a stagnant market, with only necessary sales (death, divorce, downsizing, and relocations). 

I would likely be recommending a simple notice of non-renewal, providing 60 - 90 days for them to relocate (if this is within local laws) due to "renovation".

This is of interest to anybody investing in WA State.As has been the case the last few years in WA,   statewide rent control bills have been proposed which would severely limit housing provider's ability to adjust rents to meet costs or to improve and reposition a property.This year there are TWO bills - House Bill 1388 and  1389 - that could pass together or separately and each would limit rent increases to a maximum of 3% annually or inflation (up to 7%) and add a host of other rules governing whether maintenance,  repairs or upgrades would allow for further increases.  1388 also has language basically making any amount of rent increase unallowable if tenant cannot afford it,  might relocate as a result of it, or if it is deemed too much by the attorney general based on whatever criteria they choose to apply.    1388 also includes language that effectively creates vacancy control,   meaning a vacancy may not allow for resetting to market rate.     1389 is a somewhat more 'conventional' bill and also includes rules around exceptions for "necessary" repairs and updates as well as rules for "banking" rent increases if you do not take the full increase amount allowed in a given year,  but the process for taking advantage of that requires serving a lot of notices properly.     1389 prohibits resetting your rent to market rate if you had to evict the prior tenant for any reason.   

Ultimately, we plan on relocating there, but not yet. 

It can immediately reduce housing supply in one area and force people to relocate.  

Vacationers, military, medical professionals, business travelers, event guest, job relocations, etc..