What is working with the current tenant?
Consider the condition of the home, payments and communication as you know them firsthand. A dependable arrangement has value, but it does not settle whether the proposed renewal terms still make sense. Separate what you know from what you hope a new tenancy might bring.
What would finding a new tenant involve?
A new tenancy may mean vacancy, preparation, photos, marketing, showings, applicant review and a move-in handoff. Which of those tasks and costs matter depends on the property. Do not compare a proposed new rent with the current rent as though the changeover takes no time or work.
How should rent and management fees enter the choice?
Use comparable homes that actually rented to frame a range, then consider the home's condition and the uncertainty of a new listing. If WPG manages the property, check its published renewal and leasing fees alongside the written scope. The figures for your own agreement matter more than a generic example.
Which lease and agreement terms need review?
Read the proposed renewal and your management agreement before deciding. Ask about a term you do not understand rather than relying on a general rule. A qualified advisor can help with legal questions about your particular documents.