Goal is to get a couple local rentals and move her into one and rent out others. 

Easily could store a lot of equipment and be used as a workshop.I am thinking of trying to rent this building for 2500-3000 a month.

Are you in a high end neighborhood that will bring top rent?

What I do and in my lease I did month to month lease and the lease states the rent amount plus the water if the rent or water is not paid in full I can evict and late payment and all other fees is added because in the lease the water becomes the rent.

My desire is to find some AirBNB properties in my area so friends and family have somewhere to go when they visit, and I can rent them out when family isn't around.

Just sayTo: TenantRe: addressThis is your 3 day notice to vacate the property for non-payment of rent. 

My opinion for those that live in a high cost of living market is to continue living / renting in that market and invest in a different market that is affordable and provides both cash-flow and appreciation potential.The reason to stay in the HCOL market is because you will be paid(hopefully) a nice large salary.You can take this salary to then 'easily' invest in other markets.NYC is tenant friendly which can be a con for investors.Furthermore, NYC has appreciated historically.

We talked and they asked if I would be increasing the rent I said yes to $925, they were originally paying $825.

I was looking to Rent to Retirement and another similar company. 

If your rent is on the higher end (over $1500 per month) and you are doing a kitchen, I would spend the bit extra to get new cabinets.