Also remember with condos cashflow can be a moving target a special assessment can come along and constrict your cashflow without notice

Many colleagues I've spoken to start at $1,200+ and I've learned the hard way, you get what you paid for.Unless you have a tax background I would not recommend tackling these returns yourself given all you're doing and if you plan to add more partnerships in the future it's even more important you work with a tax professional you know, like, and trust.I've seen people in the same situation to save ~$3,000 in prep fees, did the return themselves, then received a $120k IRS notice of change to their return.

@Jim Bouchard the only thing I noticed you maybe should address is making the screen doors not slam when closing.

I guess it only matters if you get sued or a notice to appear. 

Anyway, the tenant, the reason he gave notice was because he was buying a house.

NYS requires a minimum of 30 days notice to non-renew a lease that is less than 1 year; 60 days over 1 year.

However, notice there's $400,000 in FORCED APPRECIATION the borrower added to the property value.

I live in Colorado where I've noticed programs that are income restricted while they have great and important intentions - it's so limiting because the folks who both have a high enough income to qualify for the mortgage yet also low enough to make income qualifications are such a small small % of the population it makes it almost impossible to meet both criteria at once. 

Development of more consumer friendly commercial locations like: attractions, restaurants, quick bite places, bars, etcA couple years later today I am still noticing the same trend in my City.

.: She is trying to hold you hostage, hoping you will let her go without penalty.I would give her a written notice that she is responsible for rent until a new tenant takes over or her lease ends, and she must maintain the home and prevent any damage.