No value add was needed, I did toy with the idea of moving a mobile home to the property.

They will not accept items such as paper diapers, toys, sanitary napkins, tampon applicators, balls of hair, grease, table scraps (if no garbage disposal), clothing, rags, sand, dirt, newspapers, or similar items.

The seller is my dad's mentor and the man who got my dad into buying rentals back in the 80's so I am toying with the idea of having my dad sponsor the deal to maybe help his willingness to negotiate.

Each city has is own ordinances from code and violations enforcement to yes Airbnb (short-term rental or not).Then you need the best management company is the blood of you business.

Toying around with the idea of veteran housing.

We've been toying with this for over a year and haven't found anything yet.

Been toying with multifam deals outside my comfort zone back stateside. 

We have good margins running it as a MTR, and we are self managing from the other side of the world so STR may not even be in our scope of capability at the moment, we are just toying with the idea. 

If it were my lease, I'd just add language in an addendum to clearly state it was under the month-to-month provision from dates x to y, now lease term is extended to ... and all other provisions still remain in effect. 

The fable of the tortoise and hare might be informative.