I could also get hit by a bus tomorrow. 

The legislature recognized the potential for abuse of the Ellis Act and provided for steep penalties for landlords who do not comply with the requirements.  

If I find it to be excessively abused this year I may look to install The Nest or something similar in order to control the heat from afar.

This tenant isn't doing anything illegal, but she constantly fights with other tenants, is always complaining and verbally abusive, and threatens to sue at the slightest rent increase. 

.* Guru's Seminars;  OK they put you on a bus, give you the big tour of some parks, and hand you course-ware, some good some not so good you'll also get some entitled Mentorship Program were you'll discuss leads with your mentor ( who is really a guru competitor, if you get the drift. ) then suddenly your opportunity is gone. 

But, I realize it is only a matter of time before I have a tenant that starts to abuse this grace period or I end up in court for an eviction.

Too much risk of abuse by tenants.

It makes no sense, tells an investor really nothing and is easily abused.  

The option to buy a equipment that can yield a return, the option to buy rental property, the option for either myself or my wife to stay home with the kids, or even just the option to leave an abusive, negative work environment and not fear bill collectors.

It just kills me when I see a west coast marketing rep talk about how they had to get rid of this provider or that one or they have to get on them.. that means a nice innocent buyer has been abused in a transaction sometimes to very big financial loss's....