Our relationship with them is not ideal, we have already had to serve them a cure or quit notice earlier in their lease term (approx. 1-2 months after moving in) due to multiple, egregious lease violations, however because they “cured” the violations could not proceed with evictions.

An ARM product can be a great way to save now, but if you are not planning on living in the property beyond 1 or 2 years, it may not be ideal. 

This will help you identify what market will have the most ideal factors for what you're trying to achieve with real estate. 

It seems like it should not be legal, in effect taking something without any LL compensation (freedom to use unit for whatever LL desires at the end of lease).Besides my primary issue that the law changes an existing contract, it also makes it harder to get rid of less than ideal tenants that raises risks and costs.  

This was the ideal value add situation, where I didn't have to change much on the layout.. mostly just design.

She has made false and unverified claims against me time and time again.How do I deal with such a tenant?

Whether through refinancing or bringing on partners, it’s ideal to play in the multifamily market or look for distressed single family package deals to continue expanding your portfolio.

Cash flow numbers will ideally be at $150-$200 per rental unit.

If you found the ideal property for this type of niche, what would be your first step in seeking out a business operator who would rent the property from you for any of the above purposes?

Not ideal, but the current owner has had health issues that have deterred from fully leasing the building.