Quote from @Jacob Luong: It depends on what's in demand in our market.

It depends on what your long term strategy is though.

Depending on your market, houses for sale, etc. they could cancel the contract and relist.

Lot sizes will also depend if your on city water and sewer.  

@Karen Seguin, it all depends on what you are trying to convey to your tenants.At minimum, any welcome letter should provide updated contact info for maintenance requests and mailing address for rent payments, and if the legal notice address is different than lease, include that.This can also be a good way to politely remind people of any general rules that you expect them to adhere to.  

@Anthony ZottoThe election's impact on small multifamily real estate will depend on the balance between policies supporting housing affordability and broader economic changes affecting investor costs.

Depending on where it is, and when you say MF at that price, are you talking 2-4 units?

Depending on the investment and your current knowledge, this can take from 2 to 20 hours of research.2, Spend $400 - $600 for 2 hours consultation with an attorney who specializes in real estate IN THE STATE that the underlying property is located in.3.

Depending on the CU or Bank you should be able to obtain a full doc commercial loan if they property meets a DSCR ratio of 1.25 or better, Global Cashflow is 1.21 or better, and you have some residential experience. 

Her sale price would be $184K so depending on her basis she may not owe any capital gains.