Again, I have no idea whether or not this is a feasible option.

I believe you have a feasible plan.

Our longer term goal has been to sell it, but we don’t see that being feasible for the short term.The original purchase price was $94k in 2009.

The fact that I pay $50/month to my HELOC (interest paid per month = $50 x 10 months = $500).Does everyone accept the scenario above as arithmetically correct (or feasible)????

It is disappointing, but we purchased with current rents making a solid return and costs have not inflated (other than utilities, which we pass along to the tenants), so it is still financially feasible.  

@Sunny Burns- Explain to the tenant that due the the toilet and heat location, it is not feasible to install a larger vanity.

I didn't have the cash available that seemed required to make it more feasible and I got the sense the cream was going to be taken from any deals that passed through his business. 

hey christine, long term renter here. i partly agree with sue, but... sometimes due to individual situations and timing, purchasing just is not an option (yet). under the right circumstances, those sue listed, perhaps it could be feasible, thus creating a win-win situation. moving is a huge expense in itself and sometimes it simply pays to stay put. moving is incredibly stressful as well. there are so many reasons people stay. i too have a great landlord. i try to always be considerate, treat my space as my own etc. if a pipe leaks over the weekend and a bucket can be utilized so said landlord does not pay weekend plumber prices i do just that; ergo she is getting something even more than just consistent rent.

I have no idea if this is a feasible goal as a landlord or if/how people have tried to accomplish this in the past.

I am pliable up to the point that a commercially viable outcome is still feasible.