If they move out, I need to rewire one of the rentals maybe partial gut of the kitchen, paint all under budget.Raise the rent to where the market says it should be.On my personal house finish my master bed rehab.Looking at investing in the Chinese stock market looks like a risk play so I will play with fun money.

The formal way is to get a master lease, with that you can sublease.

We converted the upstair kitchen into a master en suite and walk in closet, making the house 4 bedroom and 3 baths.

We converted the upstair kitchen into a master en suite and walk in closet, making the house 4 bedroom and 3 baths.

You can add in balloons and refinance out at a later set date ..She can master lease the property to you with option to buy .. you can get a money partner to come in and JV the properties ..the list is endless on how you can set this up 

A friend of mine bought a 5 bedroom for $200,000 in 2013 and rented out all of the rooms besides the master.

Hi Kylan - Is your question how to ask a seller about a Master Lease (given the title of your post) or is it how to approach a seller to see if they are open to short term seller financing? 

Direct from the Master

First, the power of the condo association to enforce its rules as outlined in the master deed and declaration of trust.

Right now our master bath is a mess.