The property is beautiful and would make a great vacation home, STR, or primary residence.  

Let's dive into the exciting world of waterfront condo investments and explore their potential for generating lucrative vacation rental income.

I am going through the pre licensing courses/ process now.My rough plan, as of current, is to begin flipping homes in desirable residential areas nearby and then move to flipping in the mountain/vacation setting.

If it is currently rented then you will need proof of a notice to vacate given to the current tenants.  

You can also have the tenant respond in writing to your renewal lease with confirmation that they are not renewing and will be vacating the unit.

With that you can send him a violation notice (according to your states landlord tenant code) I would also send a notice to vacate at the end of their lease term now (no need to wait) so there's no choice to extend or gray area of assumed compliance.Good luck

The important part of that purchase was that I knew the rents were already high enough to make the deal cash flow once that tenant vacated.

Recently, it was determined the building where the underground parking garage is (which is separate from the condo building) had structural integrity issues and people were advised to vacate.

I have 2 rental properties(a 2 family home that I bought 9 years ago that needs new roof eventually and a short term rental a few hours away up north that has a 5.2 rate and is very updated) I used a cash out refi in 2021 for the 2 family to take out 25k(and it lowered my payment, went to a 3.2 rate for 25 years for the 2 family) and then used that 25k to buy a 240k cabin up north to use as a short term rental and family vacation home.2023 was the first full year for the cabin and it brought in 25k, however expenses were 36k, so 11k in the negative.

I know personally quite few Sec.8 Tenants who drive nice cars (Lexus, Jeep Wrangler), take vacations, enjoy shopping in high end malls......they work for cash and have free health care, food stamps and Sec.8 Housing.These are not legal reasons but that's not what I believe I should do.