I am not certain on the law, but if in your lease it says something about force majeur, which may include major necessary repairs that cause them to have to move out, then you may be fine.

It would give you the opportunity to move into it force some appreciation since that seems to be what you are already planning to do.

We work out of Washington that does not have state taxes. We are looking to invest out of state in USA for remote investing with Roofstock.What should we keep in mind with respect to state taxes? For example, Texas do...

My wife and I are active duty Air Force officers and eager to use our VA loans/sink our teeth into REI in the states, but it feels hard from this distance.However, I think there could be some unique benefits to adding someone 16 time zones away to an investment team.

This is pretty much guaranteed to force rates higher as institutional investors will seek higher returns.

I hope you put it up somewhere where it can be seen everyday and that it has a really positive impact on your journey!

You also get some write offs through depreciation and expenses that can help offset your earned income which as a higher earner could have a really big impact for your tax bill form uncle Sam!

If you reject the lease assignment then the existing tenant would still be responsible for rent and the existing lease stays in force, so you have gained nothing. 

Now that we've forced appreciation, following a seasoning period to simply have the management stabilized and see what the general flow of business is like, we'll look to refinance and pull our cash back out. 

We have forced appreciation and each property that hits a $1,450,000 or higher valuation we refinance as many of these as we can on Freddie Small Balance loans, first 2-3 yrs interest only, 10 yrs fixed under 4% fixed.