Option 3 is sue for full rent, other fees, and legal fees. 

They escalated the issue to the national board of realty, prompting the listing agent to finally respond.

@Ashley Baldock, I would be careful about denying people with background issues that they DON'T have!

The majority of my career has been working in NYC and I have a bunch of connections there so I don’t see an issue with getting a new job.

In the event of any landlord/tenant issues, having an active rental license makes your life much easier.

I am looking for something that is user friendly, makes automated emails to tenants the day before payments are due, when they are issued a late payment fee, an eviction notice, has the best credit card processing fees and automatic payments. 

I know it will be an issue if sell, but what if I never sell and just keep it as a rental? 

You're just trading direct-pay tenant issues for S8 issues.

Account ClosedThere’s no correct answer to this, just having a discussion.There are pros and cons points and counter-points to every perspective.It appears your preference for REITs is more about liquidity issues than vetting issues, which I understand.I would suggest illiquidity can be an advantage as it prevents investors from making sudden moves when times get bad.

This would require some work on your end to get an appraisal, Scope of Work from a General Contractor who has experience doing renovations of this caliber, ensure your GC knows and applies for the necessary permits, confirm with county/city that rezoning has been complete.