Unit 1 is currently 1B1B and unit 2 is 4B1B, but the listing agent said the 1st unit could be converted back to the original 2 bedroom making the 2nd unit a 3 bedroom if wanted/needed.

I've identified one that I really like and have been actively digging through the Grantor/Grantee Index at the local recorders.I have a few questions:1: The home was originally bought for cash, and a few years later a “Cash out loan” was taken.

Once the new tenant takes responsibility, release the original tenant from their obligations.

I’m originally from PA.

@Jonathan Greene infers from your use of the term "lease" that this tenant started off on with a lease for a period of time such as 1 year and then when the lease ended no new lease with signed and the tenancy continued as month-to-month under the original lease terms.

Originally posted by @Navroze Phiroz:A rather unconventional approach.... but I’m looking for a multi-unit (preferably 3/4 units but would consider up to 6 units) in Burlington Ontario or Oakville Ontario.

Here’s a refined version of your message that maintains your original questions and concerns while improving clarity and flow:Hello,Since January, I haven't received the full rental payment from the property management company.

Curious to hear from original poster how many bees was this (approximately)

Purchase price: $390,000 Cash invested: $120,000 I purchased a four-plex for $390,000 where each unit was originally rented at $400 per month on a month-to-month basis.

I originally became a Realtor to aid in getting investment properties for myself, and now I also do so for others.