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In this video, the importance of reconsidering allowing your tenant to go on a month-to-month lease instead of signing another year lease is emphasized. It explains the disadvantages of going on a month-to-month basis, including potential loss of money. The video also provides tips on how to protect yourself as a landlord in such situations. It highlights the risks involved in letting tenants go on a month-to-month basis and encourages viewers to subscribe for more landlord tips and tricks.