It has all of the instructions you need.You may only do this if:They are not currently in a term lease (ie, they are month-to-month, not under a lease that has yet to expire)You give 60 days noticeYou pay them 1 months rentYou actually intend to occupy the unitYou do NOT rent it out again for at least 12 months, even if your situation changes and you move out again.You can find the form here:http://www.sjto.gov.on.ca/documents/ltb/Notices%20...I also highly recommend you read the actual rules about it here:https://www.ontario.ca/laws/statute/06r17#BK65In fact, read that whole document if you're ever going to run a rental property.

However, I am going through the course right now and it seems like a lot of it is very important to being a real estate agent (agency, laws, etc.).

ask the federal bankruptcy court to lift the stay for your lease.see: https://realestate.findlaw.com/landlord-tenant-law...

You have an entity set up already and Nevada has very strong asset protection laws in place.

@Heath Reid Assuming that AL laws are similar to MA, you'll have to honor existing leases.  

Be ready for when Murphy's law raises its ugly head.  

bone up on your tenant landlord laws its all in the books what you cant and can do.. but even in jest what your suggesting while prudent 30 years ago.. ( like we would just remove the front door)... wont work today.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

I've also thought about the idea of buying a single family home with an in law and renting that out.

If the law allows, choose it yourself.