I wanted to make sure I used the calculator appropriately to ensure this is a good deal numbers wise.

However, if you can be out of the unit before the end of this month, we'll refund you $500 (or whatever amount is appropriate and gets the job done) of it".Not only is the money an obvious motivating factor, but more often than not, they desperately need it in order to vacate.

When I look up the ordinance, under San Jose’s new 2017 law, it says landlords must demonstrate one or more of the following grounds in order to terminate a month-to-month tenancy: Nonpayment of rent (excluding rent withheld as permitted by law).Material or habitual violation of the terms of the tenancy.Damage to the rental unit.Refusal to agree to a new rental contract.Nuisance behavior.Refusing access to the rental unit.Unapproved subtenants holding over after the end of the term.Substantial rehabilitation of the rental unit, subject to certain conditions, including payment of relocation assistance and refund of security depositRemoval of the tenant under the Ellis Act, subject to compliance with the new relocation assistance requirements (see below).Owner move-in, subject to payment of relocation assistance and refund of security deposit.Governmental order to vacate.Vacating an unpermitted rental unit.So it seems like you can use these 3 as a tool for getting rents to market rate:Substantial rehabilitationEllis ActOwner Move in Are those the tools you're using?

i see this as "there is no perfect option" - but the best one that suits you. in my area, SFH and MF aren't affordable enough for me to start out with. i find condos as a good starting option (seeing cap rates of 6+% etc.) for me, and i can build on investments from there.thanks ahead of time. i am sure i am misinformed in some ways and/or not understanding this appropriately.

The purpose wouldn't be to avoid responsibilities so one can be more negligent but to understand better the laws to have proper and appropriate protections.

Grab the approprIate Fernco fIttIng from Home depot and fIx the repaIr.*** what to look for when you are having your line jetted and scoped.

, close this year, if not close next years.All the appropriate expenses gets added to the basis of the house and it will offset the sale price next year. 

it's in a good spot that I would *think* would be appropriate for renting it...lots of young couples and close to downtown...etc.

Some things we've dealt with are negotiating with sellers and lenders on price and rates, staying organized and having all the appropriate documents, dealing with contractors and making sure you have a system in place so that you don't get screwed, managing timelines, set backs, and people in general...the list goes on, but it's very exciting and I can't wait to do more and keep educating myself in this industry!

You definitely should consider the HOA will cover and adjust your numbers appropriately.