If a rental/lease contract is a legally binding document...enforced by collecting rent...or enforced by an eviction process if rent is not paid....then can there not be a document (legally binding) for a tenant to sign that would relinquish their rights as a squatter or due process of eviction...

Maybe this would also make it worthwhile to jump through the city hoops to make the basement a legal unit.Then you could maybe put a LTR in the basement who could assist with the STR in the main area.

A quiet title action is a legal action against anyone or entity that has an interest in the zombie property.

Question: Is it legal to deny sending them an official application if their desired move-in date is too far away?

REMINDER: Even when you make a deal with a non paying tenant to always continue the legal process in tandem.

An LLC is useful for two things: anonymity and legal protection.

Wishing you the best in your self-management journey, but remember, a good property manager can still be invaluable, especially if you’re not familiar with the legalities of property management.

Also, I am not positive it is 'legal' to use one CC to pay off another.  

I personally have $100 cash ready to buy your property right now.Second, no, the open ended listing agreement suggested by some on here is not appropriate because that would mean that you think that the agent is actually representing you - dual representation - which is not beneficial to you and should not be legal, in my opinion.  

This comes with some other ramifications around legal liability and the ability to get a mortgage on the property.The other way to fix this is to create an LLC now, and both you and your MIL contribute the current properties into the LLC, then the LLC 1031 exchanges the old properties into the new property.