Quote from @Marc Shin: First, you should let us know what state/city you live in because the rules sometimes change, and we can't give you solid advice without knowing where this investment is.Generally, you can give them a 30-day notice.

Your lease is with them and they enforce the house rules.  

Sometimes its justifiable...and sometimes not really. 

Based on the 1% rule, this doesn’t seem to make sense.However, the city and area we live in retain property value because of the schools, community, and location.

@Jhamari Hogan locality taxes are a little tricky as each locality has their own rules.

The rules of the game are simple, can be read and understood in less than a day.

Just keep a few things in mind: First, make sure the mortgage lender’s cool with the arrangement, as some have rules around subleasing or leasing to an LLC.

Also setting up a doctrine of ground rules as something to point to when there is disagreements.

@Austin TessTo buy your first multifamily property, follow these steps: get pre-approved for financing with an FHA Loan, identify a high rental demand market, choose between house hacking or pure rental strategy, analyze the property using the 1% rule, build a team, negotiate the purchase, and manage the property professionally.

Nonpassive income: Real Estate Professionals, STRs and K1s from businesses where you have hands-on involvement aka material participation.Each group has its own rules, and generally they cannot offset one another.