It's better to just not have a stove in there -- the triggering offense for most city code violations -- and do a coffee bar, etc.

[3] Will buying the 1st loan trigger a foreclosure by a 2nd note holder, meaning will I need to pay off both 1st and 2nd to assume ownership; would this differ by state such as Texas or California or Florida (???)

@Cyndi Hong your lender will advise you on what’s best also, let them know your plan to transfer it because you don’t want to move it to an LLC and trigger your alienation or due on sale clause if you have one.

@Benjamin Sulka If i'm understanding you correctly, you are not liking the numbers of a duplex after you move out and have to rent both sides.I obviously don't know your numbers or what you are accounting for but if the building is generally newer and in better condition it is ok to dial back the capex and repairs budget in my mind.Additionally we pulled the trigger on our house hack really without considering what would happen when we left. 

Send him written notice (in compliance with your local laws) that you'll not be renewing his lease now so that he has plenty of time to find a new place.

Saves money, but also the con of being out of state compliance and or replacement costs.

Obviously your in this position able to pull cash out because you made a good decision back when you pulled the trigger to buy that one.

The best way to find a mentor is to: 1) Find a really bad deal2) Post on BP about how you are about to pull the trigger on that deal3) Wait for the replies and outreach

I also pulled the trigger on 1 pasco tax deed sale.

Building must be kept in compliance with all vacant building requirements pursuant to 13-12-135.