It's possible that the tenant may be more willing to cooperate once they understand the potential consequences of not taking action.However, if the tenant insists on not allowing the repairs to be done, it may be necessary to consult with a legal professional to understand the specific tenant rights and regulations in your area.

The depreciable basis would generally include the purchase price you paid for the property.The change in ownership might trigger certain tax consequences or impact the property's eligibility for certain tax breaks.

This has consequences - both in terms of making projects accessible and profitable to savvy investors, and in inviting more supply, which may slow rent growth over time. 

As always make sure to understand what your investing in, tax consequences and terms of the offering

Our population, and consequently our real estate markets, are 1/10 - 1/12 that of the U.S.A., so there will be fewer opportunities (but fewer people chasing them).  

- [ ] Agree on default consequences and procedures.11.

I have advised many others through the process - there's some tax consequences you should be aware of.

The economic consequence to the owner is enormous when compared to 15 or less and SRF operations.

If you convert your home prior and decide to rent or live else where in the interim, then decide to use FHA to qualify for a new primary you can use the rental income with out restrictions of the 100 mile rule and still qualify for FHA.Their (FHA) guidelines are rigid, but with proper planning you can adhere to the guidelines and accomplish your objectives while avoiding the unintended consequences of the rules.Best practice would probably be to wait a few months after moving till utilizing your FHA loan to obtain another property.FHA does have a max of 7 financed properties including the FHA insured property (6 rentals + 1 FHA primary) so it looks like you're riding up to your max with the current of 6 financed properties.

Its an easy mistake to make with potentially deal-killing consequences.