Any material change in the terms of sale, the tenant association right of first refusal is reinstated.Despite this being a pilot program, there is no defined end date for the tenant opportunity to purchase provision.Rental properties in the pilot zone are subject to further regulationsIf a purchaser purchases a rental property and uses any public funds in the purchase, then the rental property shall be maintained as affordable housing for no less than 30 years.Landlords may not evict for any other reason than serious, or repeated violations of the terms and conditions of a lease or occupancy agreement, otherwise defined as “just cause eviction.”PenaltiesAny person who violates the requirements set forth in this ordinance shall be fined, not less than $200 nor more than $1,000 for each offense.

I have bought multiple properties personally, where rents were very low to begin with, and were even locked in for over a year, but once that renewal came up, I was able to simply raise the rent and keep the current tenant.

I on one hand focus on local politics, because I can have a relationship with my state senator, assembly person, mayor and city council people. 

The person reported me.

If she really is a good person, she'll understand and be appreciate how good she's had it and how much you are rewarding her now.

I financed the deal through a combination of personal savings and a conventional mortgage.

This would be with just one Partial buyer or you might call that person a lender. 

I financed the deal through a combination of personal savings and a conventional mortgage.

To me, mid-tier houses are likely one of the best long-term appreciation investments because they are sought after by so many people in that market, a smaller percentage of people can afford luxury houses and also they may be more volatile but there's always demand for the mid tier price range for the average Joe.I consider myself a serious investor, my LTR's are in a place I would otherwise never travel to, my own preferences and opinions on the location are meaningless as this is purely a long-term investment decision for me and I won't allow personal preference for a location to impact my decisions.

If you do have a successful business, how did you go about finding the team or person to run your rental?