This is all despite the fact that they've made no improvements to the properties since acquiring them, and local property value indices only have about 15% appreciation for property values in the last 2 years for my area.

All of which, I’ve purchased within the last 4 years.

My last note would be to try to buy 3 or less replacement properties, it makes the exchange much easier and you avoid some additional rules.

Very difficult area to be a landlord.Tenant base is lifer tenants. very tough on the housestheft is rampant you leave a home vacant for more than a few days and you HVAC AC unit will take a walkKids break in and trash them.YAZOO Clay screws up the foundations big time.And lastly with those homes they were built so cheap in many instances they are just functionally obsolete and take way more maintenance than other areas of the country.

Should I offer him 30 days to get out as that is NYS law and use his deposit as last month's rent, or just tell him I'll give him $200 plus his deposit back if the room is good if he moves out by Feb 28/March 1? 

Account Closed It's not so much using your last name on BP for credibility for me.

.: So I have been thinking the last number days about a particular scenario. 

Was at one last week that included City of Calgary who did a presentation on legalizing illegal suites and accessory suites in general

Lastly.

The last time I looked, a $1 million policy was about $200 a year.