If you enjoy living in the home and can afford the payments I would stay put markets always go up and down. If you can not afford the home I would contact a local agent about a possible short sale.
The lease is a valid legal document. But always best to consult with a local attorney. Is the lease pre dated? Did money change hands? These could all make a difference .
Contact a local real estate attorney you are getting a bunch of guesses and people using laws in there own states.
That is a 100 percent personal question all states have great places to raise a family.
Your home sounds like n investment property. In this case this may be a good thing since with most lenders you can use a portion of the rents to qualify for the new mortgage . I think you need to talk to you attorney before you fill out any mortgage documents.
Eight to 10 percent of gross rents. Call me if you need property managed. I have managed 100s of units.
You could also explore smaller banks that do portfolio lending. Seller financing. Putting up additional collateral if you have enough assets. There is more than one way to buy a home.
Call Around I recently sold someone a home that had a bankruptcy 30 months prior. They put 50 percent down with a small bank. You could also get a cosigner.
Send me your email address I will make sure you can open them!!. it is probably a software problem.
Yes it is legal but I would rather market my own!