Each bedroom is rented out individually by the previous owner on a month to month lease.

The Investment I’m looking at is a  3 bed 1 bath and has a really nice already running Airbnb 1bed/1bath guest suite that generates an average of $1500/Month.

We will be doing a long-term rental for $2,400/month.

It is very very hard to make an NOI of $2000 every month or an average NOI, when your general occupancy trend is like weekends and long weekends because Poconos is not where USA travels, it is basically people from close by cities of NJ, NY, PA travel here.I am not saying it is not the place to invest but if you are looking for cashflow with a 20% down with current mortgage rate, I would run my numbers very carefully.I did not touch on HOA, township licensing and restrictions specially 2 people max per bedroom and Pocono Promise :P

These properties are all within 1-3 months of completion and the investor does not close until the CO is revived.  

Is there a standard letter that I need to send tenants a month before the end of their lease to remind them to move out by the end of the term?

For example reminder to replace HVAC filter every 3 months, to ensure pets are vaccinated yearly, to ensure tenant sends me copies of renewed vehicle registrations and insurance etc.

Installed an A/C to bring up value and will eventually add on an additional master bathroom.

Do you mind me asking how much rent you charge/month?

He will be eligible for Medicare in 6 months.