NYC laws around rentals—especially short- to mid-term—can be tricky, so you’ll want to avoid any compliance headaches.The biggest challenge with this plan is finding a rent-stabilized apartment that makes financial sense and actually gives you breathing room.

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

Present this plan and go from there.

Make sure to run your numbers conservatively and based on the current as is value if you plan to go this route. 

Tenant is profusely sorry and stays in contact, but that does not pay the mortgage.

I’m exploring the idea of buying a vacation home near Yosemite, which I also plan to list on Airbnb.

I think think of the reasons to evict a tenant in 2 categories, failure to pay, and other kinds of lease violations.

If someone is unable to satisfy these preliminary requirements, they have no business paying for the services and good luck getting the service providers online to provide this information to you. 

In some places there are a few days grace period to allow for rent that is sent via mail (which I don't get because if it is due on the 1st, plan ahead). 

It's not just about creating beautiful spaces; it's about making every square foot work hard for both the investor and the end-user.Optimizing Space UtilizationThink about how reconfiguring a floor plan can add value.