You can do this with a simple, one-page addendum, or even a written statement added to the existing lease and signed by you and the tenant.Example:This lease agreement is hereby amended to reflect the change in ownership of the rental property located at 123 Straight Street, Cody, WY 82414.

He ended up having to pay back all the extra money to the tenants AND pay back all the money S8 paid for rent since the beginning of their tenancy. 

It is a 3BR, 2BA single family home with attached garage and full basement with potential for at least 1 BR to be added downstairs.

buy a mult with 3% down and live in 1 unit and have the other 1 or 2 units pay the bills. rinse and repeat. get wealthy and be extra generous.

I've been seeing constant ads for Baselane, which I'm guessing is newer by the bonus incentives being offered and the amount of advertising.

Thought about adding a hoarding clause... one of our tenants has a side hustle where they buy, build, and sell holiday gift baskets.

We have bought beds/dressers for the extra bedrooms and a dining set from Wayfair, they look nice but are pretty cheaply made.

You will benefit from better rates and lower cost lumber now, so that will help make up for some of the added carry and perhaps the market conditions have even improved? 

Try it in about 5-10% of the spots charging an extra $25-$50/mo (Assuming tenant pays for electricity at that plug.)and see if you get any bites.

@Ryon PaxHave you considered cutting some of your personal expenses to pay for the HELOC or find another way to generate added income?