Everything is fine and dandy until you arrive home to find a "notice of intent to sell" on your door. :-) Yes, repairs and maintenance can be hassle free, until you have to gently remind the landlord about the maintenance request you made x days/weeks ago.

Hi @Rae Edwards,If your employer instructs you to leave the area/country for a while or you lose your job, that isn't something you could reasonably control or anticipate, so you're fine. :)The people that get jammed up, for the most part, are the ones that flagrantly never "intended" to live there, and never moved in at all.

Current owner says she would be fine with signing another lease and wants to stay. 

Her boss has been very cool with my wife and now just expects her in the office for 1/2 day of a day but pays her a full time salary and works from home to the other half of of the day and it is fine.  

If there's something else pulling you to another area that's fine, but don't leave just because of tenant laws hahah.A lot of beginning investors read some horror story post or hear that California isn't as landlord friendly as other states and think that means every tenant will be the renter from hell who gives them tons of problems and constant headaches.But, you or someone you know is a renter, and you probably wouldn't consider them to be a bad person or a bad tenant... and there are plenty of great tenants out there.And don't forget there is a lot you can do to mitigate the chances of troublesome tenants.

If you explain to him that you are buying it by yourself, it should be fine.

You should be fine with this eviction.

Then you only have to worry about taxes when you sell it or when you no longer have depreciation.Since everyone assumes the ability to show a net loss on rental properties, it's not really worth digging into Total ROI to determine if a property deal is good or not.Vacation rentals are still fine as long as you only personally use it no more than 14 days of the year.

I'm totally fine with working full-time on this (in order to replace my job), but I eventually would want to hire someone out and move on to something else.I'm in Los Angeles - If you don't mind me asking, how are the numbers in your storage business?

Now you fine a tenant to rent the property from you to pay the owner every month.