You also might need to set aside some fun money (saying 25k-50k) to do a few of the things you wanted to do if you became rich (whether that’s sex and drugs, vacation or being generous with others)After a year you will need to decide your financial goals.

Whether you should rent vacation rental (short term) or long term depends on your goals.

But the trouble started when I asked her to vacate. 

Some lenders will even allow the 'vacation rental' projections. 

Thanks Stevo, I appreciate the reply and you could do it that way however, it doesnt really solve the problem of a potential runaway water bill from say a toilet left running while the tenant is on vacation somewhere or some other problem where water is left on or leaking.

As tenants vacate, will turn all other units.What was the outcome?

As a result, careful consideration of the ramifications of the S & A decision is essential when planning internal corporate restructuring transactions involving recorded deeds, as well as in estate planning transactions.CAVEAT❗️❗️❗️This DOES NOTpresently apply to transfers of non-homestead residential property to revocable living trust agreements or land trusts This is limited only to non-homestead properties (such as vacation homes, secondary residences, rental properties, or vacant land)KEY TAKEAWAYSIt is important to remember that a change of ownership or control might not make a difference unless the property has been appreciating at a rate of greater than 10% annually.

We currently operate 6 doors. 2 Vacations STRs, 1 SFH LTR, and 3 Multifamily LTR doors.

In Delaware a lease automatically rolls to a month to month lease if no renewal is signed and 60 day notice is required to vacate (or to give notice to move)  If you prefer to have it vacant in the summer then give her notice to move and not leave it to chance. 

The Nubble has been a popular vacation spot for decades now and raw land not directly on the ocean is selling for $500,000+.