My partners and I are having a conversation about when to not renew a lease if your tenant has a good payment history. Thoughts?One says to not renew for just about any reason because the market is too strong to not h...

The current first is for $102,000 but they do not want to give the borrowers more money to payout the property taxes or fix the roof- that's why have are looking for someone else.I agree that the risk likely outweighs the reward. 

You mentioned you dont want to go to arbitration or court....almost no one does as the cost of doing so far outweighs what anyone typically has to gain in suing for specific performance.

Advice: Treat it like a business as much as you can, even though house-hacking can feel like a hobby, stay organized, and take care of your property and your tenants (pride of ownership, people notice this), for all properties but especially for househacks.I definitely think the pros outweigh the cons, especially folks with flexibility of time and lifestyle.

You should look to see if the potential savings will outweigh the administrative costs.I would not put the properties that you intend to buy and hold into the S-corp.Let me know if you have any additional questions.

However, assuming you would be permitted to merged the lots, the cost of merging and the negative implications when it comes time to divest may outweigh any reduction in property tax.

Legal fees and damages can outweigh whatever you "saved" by far.A good real estate attorney is cheap insurance.

I felt that any potential benefit or profit from buying the duplex was out weighed by the risk if when that septic system would need replacing.

Both are critical to the decision making process.On the surface Scenario A far outweighs B based on ROI alone. $1300 rent on 40K investment is a no brainer compared to $2200 on 200K investment.

I think the benefits outweigh the risks.