If a seller has a very low interest rate and the buyer can pay more than what it is worth and have no realtor commission, so more goes to the sellers pocket.Subject to has been around for decades. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

the period of time it was investment you will pay tax on. 

Would renters be willing to pay $2,600 a month, or would they be more inclined to purchase a home instead?

You have a lot of properties around the colleges as well that can be rented to students or since its next to a couple of Hospitals the Nurses, Doctors, and other medical staff pay good rents.

Don't think of that 3k extra nut you want as something you get in one fell swoop.

Pointed out the clause in my lease and they have been paying it for a little bit.

I'd rather trust that someone pay an assignment fee (based on your word of mouth referral) and not get paid then the other scenario. 

In this investment, I am not seeing a reward for that extra risk you would be taking...

Hey @Eddie Hincewicz, just an FYI, I did an extensive survey of a bunch of lenders and none of them would lend more on an operating STR vs a similar home.That does include if they have a permit.So anyone looking to buy, they would have to come up with the extra cash if the owner wants to charge more than the comps support.