If you buy the property, renovate it, and then need to refinance into a Fannie/Freddie loan then an executed lease would be needed to use rental income to qualify. 

Tenants often come with the property and new owner as their new landlord based on old lease.

If it is different from the "as of right" zoning for your area, such as doing a 2 family in a one family zone, you'll need public hearings and variances.Read through the frequently asked questions section of the City Planning website above. 

I recently purchased a multi family with a tenant that is on a month to month lease.

-what do the leases look like are they month to month?

Do anyone feel that using the master lease option is a viable option in the market to acquire properties? 

I am motivated to set this up as a long term NNN lease. 

Did I also mention they seem to be hoarders (So much unwanted junk in the rear of their unit by where they saw the rat) I’ve told them verbally plenty of times I wanted everything trashed since their lease states they are to keep the property clean and sanitary clear from any debris,trash,recycling ect. 

Hi All,I need some help, never ran into this issue before but any help would be greatly appreciated.I have a commercial property lease being renegotiated, it's currently listed at $1 million.

Does anyone have a document or notice that they have used before about reminding the tenant the end of the lease and stating that landlord/homeowner does not wish to continue or extend with a new lease?