The resident is on a month to month lease.

Review the financials, rentroll and leases.

Ottawa was great but the numbers dont make sense no more.I also found that in many of these markets, the sellers are retiring, they are not overly greedy, some offer seller financing and there is always great value add opportunities (mostly under value rents, easy light reno cosmetic jobs and leases that include electric heat and water which can easily be transferred back to renters.

I use these frequently and see sellers very open to them as opposed to a full inspection contingency. 

Or a lease option with sub-lease?

But I’m curious about a lease option and if it’s a better way to go.

I rent a room from a landlord month to month without a lease.

Perfect for salon or small medical practice (350) sqft- Single electric meter- Entrance to condo is in the back- No fire door separating.Question, has anyone used two separate leases for this type of situation.

Perfect for salon or small medical practice (350) sqft- Single electric meter- Entrance to condo is in the back- No fire door separating.Question, has anyone used two separate leases for this type of situation.

The issue is not so much finding a tenant that wants the unit as it is dealing with section 8 to get it inspected, reinspected, price negotiated and lease signed.