I would absolutely collect that from them if they were properly notified

My brother recently installed Lifeproof Dusk Cherry and I thought it looked really good and plan on using it in future rentals. 

@Thomas Rutkowski may be able to help with a monetized installment sale...just another option.Glad that you posted...this is a meaningful post.

Agreed with the above posts,  for $500 or less you can likely get a RE attorney  to get your ducks in a row to do the eviction properly.  

If they do allow it, a third unit will need proper egress to get confirmed.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.

The idea of my thread is to share my experience and check if I can get advice and emotional support from like minded individuals but unfortunately the post was not properly understood and only people who are either PMCs or associated with one have answered.

If they are being properly run they are making enough to pay you over market rent.

You qualify for installment sale treatment on the taxable gain if you go with seller financing, which is at least something.