We also have a firm policy, always enforce late fees and deliver a notice to pay or vacate on the 6th.

I would benefit from this program because it would decrease my 1:30-2 hours commute down to under 30 minutes.

I've bought several in the past few years at 8-10 caps and they have decreased already and the market is not even booming yet.

With hurricane season now over and the house would (hopefully) be sold well before the next one I am curious if anyone has any seen any change/decrease in sales with areas that have flooded recently?

But make sure they know they should start looking for housing NOW becuase the house WILL sell and they WILL be receiving a 30 day notice soon. 

It's a very big issue in my market, the #1 I hear from take-overs, how there place was decent, all was good at start but once tenant was in, they were getting a constant stream of maintenance notices. 

If rent does not increase at the rate of inflation, the cash flow decreases overtime.  

You can just terminate the rental agreement with a 30-day notice "for any reason or no reason" - at least for now in NY...

@Ricardo Guzman-Hernandez your PMC should be able to provide you copies of court notices and other supporting paperwork.You can also Google the court - many now have a website where they post case updates.

If you decide not to renew their lease or increase their rent they need a 60 day notice, and you have to notify S8 as well.Outside of those 2 exceptions your tenant should follow the lease like everyone else.