Ask questions, check county records and historical society.

I've had the same experience....seems to be the way of modern day American!

The Tenant may move if they get upset, however, when they go to look for a new place they are likely to only find places for $800, as long as they aren't more modern than yours, there is no reason to leave.When I bought my first place, it was a 6-unit multi-family, going rates are about $475 to $500 in my area and an old lady that has been there for 40+ years was paying $305.

In my humble (and often worthless) opinion, it's the colors and finishes of a house that give it that classic feel (or that modern feel) vs. the sectionalization (new word perhaps) of rooms.

)Yes Bryan, believe it or not I don't like big government, but I do believe government has a role in a civilized society. :)

If you think there is a good chance the market stays strong and the place will increase in value (and maybe force some appreciation by getting a dated one and modernizing it while you are living there) you can sell, get a quick profit, and since it was your primary any gain is tax free.

Besides the right to breath air (even that is regulated) there are no rights of any kind that are free from some type of restriction in our society.

We are also going to open up the kitchen and give it a more modern look and feel.

Especially in a low income neighborhood, I'd want to understand why you aren't following the typical path of maxing out what society says you can afford, 3x.

Something involving my giving back to society.