If the latter, simply give her the notice required (eg 30 or 60 days) that she needs to move. 

If yu claim one it doesn't void the option to claim the other one.Provided you meet the IRS requirements for both, as a tax strategy, you could complete exclude a portion of capital gains under Section 121 and then defer the remaining capital gains under Section 1031 (@Dave Foster is a great resource for 1031 exchange). ..

His name is Dalton Godson with Nexa Mortgage and we're using a UWM product.If you’ve found a lender willing to work with smaller loan amounts, what were their requirements and rates like?

Some banks required us to get full apprasial if loan was over a certain amount 500k. 5.

Insurance and LicensesThe Subcontractor agrees to maintain:General liability insurance of at least $[Insert Amount].Worker’s compensation insurance (if applicable).All necessary licenses and permits required by law.6.

The notes, being in default had an unpaid balance of $3.2million.  

It is pretty easy to keep it fully occupied but it does mean I turn away a ton of people who want a lease that doesn't quite fit my requirements. 

But a wide ballpark would be around $800-1200/mo long term or $1500-2000/mo as a short term rental.Understanding Zoning Requirements for ADUs in Raleigh. 1.

You should require the tenant to carry $100,000 liability.

Becoming a property owner.The hardest part about this right now is underwriting deals, remaining patient and disciplined.Outside of that, the actual details of managing the property are only hard if you do not have systems in place, delegate responsibility, and don't fully comprehend what physical asset investments require-- capex & opex heavy.