Is getting $50-100/month worth the hassle of the extra tenants and repairs? 

The building is cash flowing rent all together for the five units is $6050 and we can raise it to $6500 plus once we fix the vacant unit we can rent that one for an extra $1200/$1300 .

Where there were certain details that agent was just a savant.

For us, the glorified cash on cash return flippers claim to make on a deal without sharing details of the actual costs. 

Hi Josselyn,You can find the new law and its details here.

So, depending on your acquisition price, maybe you can put in some extras but I would highly encourage you to base your decisions on what your comparable properties show.Hope all of that makes sense.

You would typically sell or refinance at that point.Use a good attorney with experience with these transactions and they would hammer out the details. 

Deal details: $800k pp, 1.5 back end high seasons jan to April 15-25k, low seasons 8-10k

Seek out single-family or multifamily homes with space for conversion, extra living quarters, or rental apartments.

You should check out the STR and MTR forums for more detailed info.