I can't know this for certain, of course.Not sure if this is worth pursuing with a lawyer or chalking this up to a lesson learned (be very careful buying properties in a wet area with finished basements, ensure it is suitably water-proofed).

And if you happen to know a lawyer that’s adept at crafting these types of structures and agreements?

I'm also looking for a tax lawyer and accountant who can help me with my taxes and this situation.Thanks

I mean whats a lawyer going to do except bill you 300 to 500 an hour. 

The cost varies from place to place but I've seen anywhere between $50-100/month, and it’s a solid investment to keep your personal home address private.Second, consider having your lawyer act as your registered agent.

I think you need to discuss the foreclosure problem with the lawyer that's handling your suit for specific performance.

A lot of people suggest not paying off your mortgages if you own a lot of properties because if someone decides to sue for whatever reason, their lawyer will see all that equity in your properties and try to take it.

Per the original issue, circling back to confirm that I connected with a lawyer I've used before and they suggested to just issue a standard termination of month to month tenancy which requires 30 days.

@Johnny Braddock   Typically renting a room while you live there isn't going to violate this as someone would have to have an issue with it and report it but I am not a lawyer.

It is mostly used in the highest priced large city markets.If doing this as a TIC, this is very much a specialty that few lawyers have experience.