Make sure not  to get caught in small stuff like loosing 200 a  month on investment property :) It will pay off in a  year if your location is good!!

The security deposit would also be transferred to the new owner (although you are bound by the original lease to return it after damages are paid when they move out) and a lease supersedes a sale so the current lease stays in place, you don't need to sign a new one. 

Any insights welcome here and feel free to blow up my structure because I know I've got a pretty loose grasp on all the concepts here.

Business owners, investors, employers and entrepreneurs are targets now, and if you are unprotected, you can loose everything you built and worked for.

I would advise making sure you have a trusted, fully vetted property management company in place as you are bound to run into tenant issues, evictions, etc.

Because their new ordinances are bound to push a lot of out of state investors to other places.

If you were my client and after truly diving into the why’s, if it still doesn’t make sense, I’d cut it loose and deploy my money elsewhere.I agree that real estate in general is a long term plan - but I like my money to make money.

For example, if a landlord is aware that the railing on his rental property's second floor porch is loose and the landlord has not gotten around to repairing it for several weeks, the landlord could be responsible for the tenant's injuries should he fall off the porch, regardless of what the rental agreement says.7.

the loose plan was to get every young person addicted to their phones and social media - check! 

So basically, you just go on the app and select an option for permant/time-bound key.