If the property can service the debt at 90% leverage between a senior 1st and the seller second, you're looking at a good investment!

Give them a 60-day notice, then charge them a prorated rent for the additional 20-day extension.

I should have ran the plumbing for it even if I didn't plan to add it.  

There is almost no scenario where a condo would ever positive cash flow while servicing debt, and very little positive cash flow with no debt.If your budget only allows for a condo, find a better place to put your money to work.   

This is an additional step that would not be present for developing a lot where you are adding value.  

Some lawyers will file ejectment lawsuits and ask for service by publication, but that is not allowed under the rules.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Part of that is adding additional cost for increase in building products. 

Additional Resources to check, 'FYIs', in case you want to learn more about rezoning in the future)-Look up your address on the city's zoning map here to see how properties in your immediate vicinity are zoned.

If you are able to add an additional full bath, it sets you apart in the market big time!