In a really tight market, you might have leeway of hundreds of dollars before a tenant will even think about moving; conversely, in a loose market, even $50-100 might have a tenant searching for other digs (cheaper or better).

I've actually started some conversations with some folks from your team already, but would be happy to talk with you directly.

You’ll want to check out the PA Code's Chapter 2800 for the standards around licensing, safety, and staffing requirements, and the Assisted Living Residence Regulatory Compliance Guide can provide extra insight.We actually have a local team here in Allentown that has worked on several of these conversions, so if you'd like some guidance or just want to chat through the process, feel free to reach out.

It is best to have a conversation with them to see how much time they need to move and explain why you are turning over the unit.

Happy to have a conversation further with you if you'd like.

Quote from @Josh Bowser: Shaan - have you had any conversations with lenders as far as what price point you're looking for?

Hi BP Community,Does anyone have any experience with buying or selling a NYC class B SRO building in NYC and SRO conversion? 

I would probably lean towards letting them out and waiving the fee in return having a conversation with them in person or on the phone that they're giving you their word that everything will be out 100% and everything will be spotless.

@Eddie Miretsky - Quite the list of questions, that could be a 10 hour conversation lol.

I know the reputation Zillow leads have, but I was curious to have a conversation.