I am currently trying to refinance some of my portfolio and would like to have more cash on hand so I am looking for options to either sell the notes with no real defined repayment period (I’m speculating he will need another extension come March) , interest only payments, or find a way to leverage against them (if possible). 

I am trying to ensure we continue to have success as defined by cash flowing at a specific min per door and continue acquisitions over time.

If he has not been paying rent and you have not evicted him as defined in the lease agreement then you can get in a ton of trouble!!!!!!! 

Yes, at times it really is a fine line but in end I believe intent really defines where that line is.

Start by defining your goals and objectives and then evaluate markets based on their ability to achieve those goals.

This is broadly defined as maintenance under $100.

Basically, what defines and when will the value of the property change and by how much, for it to be taxed accordingly?

Good point on the importance of defining the property condition.

But, as you seem aware, you are already talking yourself out of this journey.As others noted, you need to define your investment first.

But you by yourself seem to be able to qualify, so I can qualify you and we agree to some ground rules for your RM then I'd be comfortable with the coming/going.Not having done this before I don't have a guideline, but my initial thoughts would be:Clearly define are these 30 day stays or less than 30 day Airbnb type stays?