It can be a drawn-out process, but it might get you closer to that $500k value.

If they are not paying rent then go through the eviction process as normal.

This will help me address the process and opportunities more thoroughly and effectively.Thank you in advance for sharing your experiences and thoughts—I truly value your input!

Originally posted by @Maxwell Silva:Hi, I am a new agent and am in the process of signing with a broker for the first time.  

I’m currently in the process of searching for my first property, which I hope to house hack and eventually convert into a long-term rental. 

Then repeat the process..

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

If it's zero, put in a zero, line through it, or something.If you don't use a manager, line through the entire clause and then you and the renter should initial the beginning and end of the line as proof it was agreed to.NHG  (D) As used in this Lease, Landlord’s “Authorized Management Agent” means ______________________________, address:___________________________,who is also authorized to act on behalf of Owner for the purpose of Service of Process and accepting Notices  NHGYes, you would check the line next to the form(s) of payment you accept.

That company, hopefully, manages a lot of similar properties to the one you are investing in.2) I can't speak to this GPs vetting process, but it is 100% the GPs responsibility.  

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.