The property I purchased was having some capitalexpenditure issues (not HomeRoom's fault at all) and the team did a phenomenaljob helping me navigate through it.Also, whenever Ihave had an issue with how things are handled, they are responsive andattentive to my concerns.

Have run across this issue several times when getting referrals from other real estate investors.

Good thread here because I have run into this issue. 

I don't think that would be an issue but you can always call TN Department of Revenue and ask them that question for a precise answer.

Of course it this becomes an issue for the property management company, they may chose to stop managing the property.- The owners don't share any of the equity growth with the management company.Drawbacks of Turnkey properties- They are usually purchased at market value (or sometimes just a little bit above) so that after paying closing costs the investor who purchased the turnkey investment has a lower net worth than before the purchase.- There is no discount or created equity over and above the amount that is used as the down payment for the home.- The management company charges a management fee of 10% - 15% which can be a little higher than average property management companies, but that cost may be offset by higher quality of services.- The management company also charges for other services such as fee for coordinating maintenance and repairs, and turnover and releasing.

(Property Meld for one)--- Owners often think a PMC can just enter a tenant's home to make repairs, but don't really understand the potential legal issues of entering when a tenant is not home.--- Owners don't understand the percentage of maintenance appointments tenants miss!

If you have an issue with that, or are long distance, hiring a property manager is a must.

My gut says the $200 to get out by the end of the month but I don't want any legal issues, I think he would agree to the 30 days but he not move out.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Maybe it's an issue if there is no longer a garage but I still don't see that being a problem for a rental property investment.