If the house is the largest house on the block it might have a little bit of economic obsolescence, we all want bigger and better but does that translate to the majority of buyers. 

With smart leverage, you can acquire more units sooner, which should translate to higher positive cashflow.

It's my opinion that a tenant should be entitled to some representation if the lease is being altered or changed in any way at the renewal.

The experience you gain as a 'landlord' will translate well to whatever you end up doing when you leave Lawrence.Side note: your market is pretty reasonably priced. 

You can upgrade cards like the green and gold card to additional platinum cards so currently I have 6 AMEX Platinum cards, which translates into $1200 worth of free UBER eats food every year, 1200 travel credit and $510 in cash after I liquidate 600 bucks worth of Saks gift cards online. 

Make an alteration to the point where you convert all or the majority of the common areas in a home to bedrooms may increase your rental income but could seriously harm the property value when you go to sell at some point in the future.

Am I better off asking for the lease to be broken and tenant vacated by the closing date, or should alter the offer to reflect an potential "bad tenant"? 

You cannot structure a note in such a way as to mask equity participation by altering the return based on deal profitability.Self-directed IRA plans are a way to diversify tax-sheltered retirement savings. 

@Veronica Taylor,To convert a house from 2 to 3 family in NYC would involve a Alteration type 1 filing.

.; probably a defense mechanism, trying to cover his own guilt for what he's actually doing by making me his target of blame.My wife and I were talking last night how crazy it is.The renter is acting like we've altered the deal, as if paying rent while you're staying in our house is a major shift to the 1 year lease he signed.Going forward; definitely going to change our approach for our next tenants.