I've bought a SFH, invested ~30k into it with the major tasks done (swap out oil/steam with a Navien and forced hot water/BB and re-done kitchen).

If you're not ready, don't force it.

Hopefully it would be less of a hassle than the "forced" partnership done in a hurry.Best of luck either way!

IE labor force... things might adjust a little.we are at 5% unemployment basically and those that don't work don't want to .. and or like Detroit you have a 40% of the male population that is chronic unemployed.so who is going to do all these new jobs ???

So far I have:Built a standard parts list and supplier list: windows, paints, flooring, cabinets, sinks.Established a good primary realtor.Made a standard of what I will do to distinguish my apartment units in the market.Hired a property management to deal with the increased number of lease up's and tenant shake out (note- I have only had 1 tenant move).Started using a documentation system for projects (Trello) and files (Google Drive).Built a solid relationship with a commercial lending arm of a regional bank.Areas to improve: Marketing- I have been MLS primary for my deals focusing on heavy rehab needed C class buildingsWebsite- slacked on totallyAttending network events-  in the 2 years only made it to 4 I think.

They can't deny it's former use, but they can "encourage" phasing it out by creative wording that forces it out over time, which is how this appears to me.  

So think about when you want your turnovers to happen assuming 12 month leases.You want to force out the most problematic tenants first.  

By reporting it, the landlord might be forced to fix it or kick them out.I would make sure your insurance is up to date and covers fire damage regardless of the route you choose.

Just went to a bank I found that does the type of loans (seems like most don't), and got the following numbers:Term: 10-15 Years  (5/1 ARM I believe is what it's called, but the note is 5 yrs)Rate: 6.15% Downpayment: 20%This doesn't seem too bad, but it isn't really impressive either.

She leaves the day she leaves she gets cash and your elderly person changes the locks on the house. legally it's hard to force someone squatting out of a house with out following the eviction action using the court to do so.. unless they have a good negotiator on their side.