We started doing bi annual inspections of the properties asking with 6 month leases so we could go in and keep an eye on our property. 6 month lease don't work for section 8 but we were able to inspect.

We have leased several properties in Brampton recently, and we also have some rooming houses in our management portfolio.

Be particularly aware of the rental/leasing policies (e.g. how is the company compensated for leasing?

Perhaps, it is best that we terminate the lease because I can’t continue accepting late payments until the lease is up.  

This would allow me to create an additional bedroom and potentially live in the basement while sub-leasing the first floor.

You then pass the $35 per month cost onto the tenant and all future leases.

If in Texas, a lease purchase option longer than 180 days without consent from the lender to receive payment from the tenant/buyer is not possible.Also, you can assume the obligations of a VA loan -- it is a non-qualified assumption - meaning the lender is not qualifying or approving of the assumption. 

I wonder going forward if you can have in your lease with new tenants .. have them sign off right then there intention to buy..

Ground lease?

Or perhaps you’ve found success with other strategies like lease options?