I do expect the 7.8%/year annualized gain to slow down due to long leases with my tenants with minimal gain in NOI every year moving forward.

If we were to move out tomorrow and rent this sucker out, we'd be losing $500/month (yikes).

FWIW I woul suggest that all work performed moving forward is permitted and inspected.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

Homeowners can rent their house to individuals looking for vacation opportunities or they can rent their house to a business owner who intends to use it for business purposes.Shifting Income from Your BusinessIf you are a business owner and do not use your home as your primary place of business, employing the Augusta Rule can be an effective strategy for moving income away from your business and shifting it to personal income, where there would be no tax consequence.For example, as a business owner, you host a monthly meeting with your Board of Directors.

Just realize this will also lead to issues down the road when the four living there decide to move.

Say you do let them move-in as well and they end up smoking inside, you could end up paying a lot to get that smell out.

I would either move out and do another house hack or do some sort of value add project so you can recycle at least some of the money.

Near the end of the lease he sent me a text saying he had moved out and left the keys in the unit.

Moved to MF in 2020.