You're going to torpedo a tenant relationship over this?

Do you get a benefit for allowing the tenant to have the dog, such as a pet fee?

We have well over 100 Five Star Google reviews.

Sure, the two strategies are compatible.

@Eric Gerakos In theory that's the plan.

We have worked with a business note buyer over the years and the yields are in teens. 

I knew the good and not so good areas.

But mostly the loan, the insurance and the property taxes. 

Is the number of licenses limited or restricted?

However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.