We take over existing leases fairly often and we assume them up until the lease is going to renew and then we make them sign our lease.

Now the real thing is do I spend the time convincing my zoning board to allow me to do this to my property or do I just not bother and throw the money into an existing property.

Do you have an existing relationship with an agent or PM who is already on your team.

You'll need a broker of record if the existing broker is exiting the business. 

I frequently look at my existing deals that are saved on the calculator to analyze new metrics if something changes like the amount of rent or the amount of an expense like your property taxes.

Hi Timmy, I recently interacted with the City's Planning staff about a listing that had an existing structure that seemed to at least have potential for an ADU.

With the technology available today allowing lenders to more easily monitor deed transfers, and interest rates on new mortgages double the rates 2 years ago, I would only do a sub to transaction if I were sure funds would be available to pay off the existing mortgage should the lender decide to accelerate .  

Best,GZHello @Gabriel Zepeda,As @Andrew Abeyta correctly mentioned, there is not a direct and clean way to use 1031 exchanges to pay off debt on your existing portfolio.  1031s are great for lots of things, and they're really important to serious investors; however, they are not very useful as a tool for deleveraging. 

Your licensed agent will also be versed in fair housing laws to help you avoid breaking rules and statutes you might not have known existed.2) Hire a property management company which will handle advertising, screening/placing tenants, collecting payments, handling repair calls, etc.

Depending on when you bought your existing, some values have gone up quite a bit and you may be able to borrow against equity as an option.