The lease remains in force, the administrator/custodian or family will need to be a landlord.

I think a $ 200 increase would be unreasonable and I don't think a judge would be ok with it, if they've been there for 30 years.I keep bringing up the judge, not to scare you, but to keep in mind, if you're forced to go through with the eviction.

In your case, nothing is forcing you out of this house.

That FHA appraisal would have followed the property for 6 months, basically forcing my hand to sell for below market value OR hold the property for 6 months.

I'm in the metro Los Angeles area where housing is not so affordable and there's not great value or ROI on investment properties for buy and hold.I too am in SoCal, so for those of us that live in an expensive market (like California, New York, New Jersey, etc) we are sometimes "forced" to invest out-of-state in order to get favorable cash-flow and rates of return.There are many great markets around the U.S. to choose from where you can get double-digit cap rates, and property values are between $50,000 to $100,000.

BTW, say you had two companies, one screwed up and you lost, they run through that piercing your viel and hit you personally, guess what, that other company is a personal asset, the actionable cause was not insured by that other policy, you're forced to liquidate for the value to pay claims, you lost it anyway through the back door.

You can put a bunch down and force it to cash flow, but all you're doing is hiding a loser.You should be buying at a much greater discount.

Suppose the caretaker develops debt and is forced out of the house.

However, the strong odor coming from the apt. below has forced me to come to the conclusion that it is time to move out.

That seems really steep for something with only a 5-7 year lifespan until you’ve forced to pay them all again.