The fresh perspective from someone outside of my network is crucial, that way my expectations can be closer to reality if I decide to reach out to new contacts for this opportunity. 

Just a heads up this will not be tax free, it will be a pro-rated exclusion.

Making contact for the first time here on BP.

In my experience, tenants that remain in place for 5+ years are almost always behind market rates.

. $2,000 is about the going rate in my market.2.

What is the cap rate?

There are plenty out there with fair rates and lower fees.

@Damon DidditI would contact your real estate attorney now for an honest opinion on costs and timelines if this did go to eviction.

ConsiderationsCrime Rates: Some parts of Albuquerque have historically struggled with higher crime rates.

So I increased my rate to $10,000 with the ability of my coaching students to earn back $5,000 if they completed their homework in betweeen coaching sessions that was geared towards helping them meet their real estate goals.