A small fourplex and a 2-3 month transition of getting clients used to the new owner, handyman contacts, and such. 

.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .

I'll keep it fully furnished, so I can potentially charge more, especially since it’s also near a major hospital in Astoria and close to LGA.Do you think this plan is feasible?

Quote from @Jeff Murdorf: I am also a VIP member. 7 months no results.

So the $108K loan will cost you 5 pts. or $5,400 to pay it off in the first 12 months.

I let the booking expire and figured it was a troll.I then get another request from the same person about a month later for the same dates.

Non-renew tenants,, give it early even if its 8 months out.. you could also do mutual lease termination if they aren't month to month.Basically you want them gone, so only and best way is this.

Quote from @Brandon Larson: Yea, @Nathan Gesner is that legal to enroll someone in an insurance policy and then charge them for it?

For example: This month they charged a full month for tenant placement fee then, the same month, they charge a PM fee.

My units are rented but one tenant is month to month and under market.