They are often too complicated for tenants to figure out, they have too many ways to fail, and they are often easier to circumvent than a standard key lock.I use Schlage electronic door locks with a simple numeric keypad.

This could lead to a huge tax bill and penalties.Think carefully before you do this.

Years ago I had a friend that had been laid off and was struggling to pay the bills while looking for work.

May be a good question for Bill Belichick.

@Bill B..

Water/sewer/trash bills are killer in the City and they are ruthless about holding housing providers responsible while letting tenants repeatedly off the hook. 

Can you go ahead and change that (think address of record for LLCs or bills for other properties).Make sure any HOA and the local government allows for your home as an MTR.1 last point to add to Jamie's first point: if you can, take a video tour of the home and what you're leaving behind.

It varies deal to deal, on one property maybe up to 65% LTV, but if you have more collateral the more likely they can make something work.For example, I've done numerous deals where we place a 2nd on 4-5 properties and the lender feels comfortable lending x amount of dollarsThese are very non traditional loans and no two will ever be the same.

@Christopher Smith - I'm expecting a capital gains tax bill of ~$100k.

The potential risks like unpaid bills and damaged property aren't worth the hassle.