I do have 3 other rental properties and am looking into putting them all into an LLC at the minute.Mark

In addition, I was looking for the monies from the sale to fund set up rentals on additional land that i own.

Is it better to evict her or send “Good Cause to terminate the lease" to the tenant (and a copy to section 8) and have section 8 transfer her to another rental?

HelloWe are prepping a new SFH rental property, and the previous owner smoked. 

Always think it is extremely important to note that Cap Rate does not drive value on Single Family Rentals since NOI is not the factor for the vast majority of the market - only really relevant for Multifamily and Commercial (BP audience is generally skewed towards residential not commercial investing)

Has anyone had experience with either option and can share insights on rental yields, appreciation, management challenges, or any other considerations I might be missing?

I am "on paper" and considered to be the owner.No rental money will be asked to be paid to me as the family member is paying the mortgage.

I am getting ready to purchase my first rental property, and am going through the process of what I want my leases to look like.

I have read The Book on Managing Rental Properties, (and have another book on the way along with preparing to get my real estate broker lisence).

Yes Brian, he is the same guy that owns park tree investments. he has some courses about note buying on line and some blogs but he suddenly fell of the sky, no more selling courses, no more selling notes through park investments and simply no more blogs. every thing on line goes back to June or august of 2009.