If the property cash flows like it is, I would do a modest rent bump, but not put them on a long term lease until I know I want them to stay. 

Don't let it consume you and change you because you will not like the new person you have become.

Ultimately, we did change the configuration of the main hallway and master bath to allow for a "true" master bath (this was a 70s split-level with a very modest master bath originally) which I believed was crucial to getting a higher sale price.

Depending on market, building could be a lot more expensive and time-consuming than buying.Hope this helps,

By buying and holding over 8 years, the property has increased in value by about 30% in addition to modest monthly cash flow while renting.

I've been trying to use the BP Rental Calculator to find a property on the MLS that would generate a modest monthly positive cash flow and it has become painfully obvious that I am not going to be able to get there using that math on the available small multifamilies where I live.

And while talking to your CPA on all transactions is costly and time consuming, think about the potential costly mistakes you may make otherwise.

World of hurt for the wholesaler and broker potentially.Plenty of money to be made doing things the right way.Too many of these things go bad and hurt consumers and the legislature will outlaw it.

I really hope this will get resolved before it gets too expensive and time consuming.

If you're willing to consume and implement top notch training, who cares if it's in person, live, or even recorded.