Lastly, make sure that the renewal date of the lease occurs during the spring months which tends to be a better time for finding quality renters.

Increasing their deposit, adding pet rent, moving the termination date, etc.

The Lessons Learned.....Always confirm square footage, I learned to understand how to grandfather out of date construction, learned the importance between making profitable repairs and instead non-beneficial changes.

Since my units are perfectly located for the academic and not as perfectly located for others, I've never been able to find non-academic tenants willing to pay top dollar for the location.For one of my units, I'm strict about begin and end dates (Sep - Dec, Jan - May, Jun - Aug) and I rarely have even a day vacancy.

Selling from X LLC to Y LLC no matter the reason probably means the IRS will want their capital gain tax and your basis goes to the value at date of transfer.   

I like the easy way out I would say ok sure your move out date is XYZAnd let them stay even if there was no security deposit And learn a lesson for the next one   Get the lease and talk to the tenant BEFORE closing   Or better yet have the seller get rid of the renter if it were a tenant I had placed in the property I would say no you can’t use the security deposit 

Smart locks are good for this, until they aren't : ) But if the tenant has wifi you can do smartlocks and give codes to contractors that are good for X hours then expire.  

I called their office multiple times to remind them to do so , so I can get a court hearing date.

Purchase: $60,000Rehab: $67,500ARV: $190,000Rent: $1,549RoI: InfiniteCashflow: $286Mortgage: $135,000 @ 3.125%Refinance Date: November 2021$190k!?

All buildings have leaky roofs, faulty heaters, poor foundations and very dated interiors.