The reason was that if it ever leaks or there is an issue the tenant will tell me right away it is in everyday view so an issue will be notices imidietly (no celling to repair or paint).3.

If someone would point me to the post or help with their view and why. 

I use to do all the deal hunting, research, swinging the hammer, screening tenants, property management, daily maintenance/inspections ect.

I‘m wondering how investors in the Buffalo, NY market are viewing the Elmwood Village/ Allentown and North Buffalo areas as long term holds at this stage.

But when a refi happens right before a sale and 1031 the IRS has had a tendency to view that as a way of taking profit and subsequently disallowed the exchange if it was audited. 

Hello All, I am in the process of screening a possible tenant for my property.

you can have them sign a brand new lease agreement, but if you are only changing the rent or simply extending your original, it is unnecessary. all you truly need from a contract point of view is an addendum to original lease, which references the original.

View report*This link comes directly from our calculators, based on information input by the member who posted.

In this scenario you would do your normal screening on the new applicant, and write an addendum to add them as an authorized occupant.If you feel comfortable releasing the tenant from the lease you can write a new lease with the new parties and transfer the deposit to that lease. 

View report*This link comes directly from our calculators, based on information input by the member who posted.This property has been on the market for almost a year.