So, things change a bit.If it is his personal home, there are more restrictions.For an investment property, if you take over his financing, read through the deed of trust (mortgage) and see how they handle transfer of ownership.

I’m taking notes from this post and want to make sure my lease covers all these suggestions. 

So what kind of property would it take for you to increase your cash flow by $2000 - $3000 a year. 

Sad that NY isn't taking advantage of expensive hotels to get most of the US traffick to stay on US side and just do a day visit to Canada side and come back.I don't know why small towns change their STR rules and make restrictions.

I started getting into some Facebook groups couple of days ago, I'll definitely look into RE events, I know there are few that takes place in the city most of the weekends 

I wanted to take a moment to thank those of you who have already reached out or engaged with me since I joined this group.

This opportunity doesn’t occur frequently but it takes these attributes to take advantage when they do.3 - Blind luck - do enough deals, the unique opportunity tends to present itself.  

A family needs a washer and dryer in the house, if you don't add I think you'll take a hit on rent and take longer when there's a vacancy. 

From there it's running a schedule and taking responsibility for my actions.

How much longer will it take for her to finish he cleaning and painting to her liking, while your losing rental income on the other unit by her essentially occupying 2 units?