they can continue to stay but they'll have to pay the eviction fee.

Trust me, you'll begin to figure that out the more you continue to learn the real estate game.

It's right in Phoenix and 2.65 acres, mismanaged and still operating at a 7.8% cap rate now.

Until then (and unless you have an Early Lease Termination clause) she continues to owe this amount until her lease would normally expire. 

You will have to get rid of the tenant so she can't let anyone in and Airbnb will shut down the listing for being falsely advertised if she continues to have guests. 

NPV=R*(1-(1+i)^n/i )- initial investmentIn the above formula,R is the net cash inflow expected to be received in each period;i is the required rate of return per period;n are the number of periods during which the project is expected to operate and generate cash inflows.But most folks use the spreadsheet to make life easier (see below)Account Closed,  see if using a spreadsheet makes it a bit more clear. if you NPV is different you are probably using a different discount rate, so check that.

Since a lot of people responded that they were motivated by it, I decided to do a follow-up to my previous BP blog post "My First 12 Months as a Real Estate Investor…Here’s my story…"Read my latest BP blog post: "The Story Continues…18 Months Into Being A Real Estate Investor"

You should check with a  local attorney and agent that are experienced in the construction industry if you are going to continue to pay them as 1099's. 

Continue staying focus and learning!!

They typically want 35 to 40% down for STNL.If it was corporate guarantee and BBB- investment grade or better tenant then loan terms tend to be better with less down.Would require operator to give personal guarantee. 20 unit operator means nothing if they do not personally guarantee or they can put lease under just 1 to 4 stores for guarantee.Would want rental increases every year. 1% rent increase is generally reserved for corporate.