If you are going to subdivide, odds are, that the city requires letters be sent out to all the neighbors within a certain distance.

We drafted the letter and we will mail it out tomorrow as a certified letter.Tenant 2: This is the tenant we are asking to vacate the premises because we are going to move into that unit.  

Did not think of that. )Re-cap questions:(1) is it OK (acceptable), legally speaking, to send a notice letter to my tenants informing them of non-renewal when their lease is up?

@Eric SmithI did about 30 hand written letters.

It’s an amazing location, double block with albeit a beautiful run down house that looks like they may have encountered financial problems/heritage permit problems.I’m  thinking about dropping a letter in the mail box with a super low ball offer that will hopefully give me an idea of the owner ever swings past or not.Love to hear if anyone has had any success 

We send a letter offering the tenant a new lease term with a new rate.

They should be able to get you some sort of pre-approval letter (of course it will still depend on inspection and appraisal from them).

Section 8 program recipients should have a letter or voucher - this will be the most accurate way to find out rental amounts from Sec 8.Voucher values increase from time to time so our best source for this information has been through connecting with local Section 8 and City Fheps program coordinators.

Any disallowed losses (the $47k) get carried forward to future years and can offset future capital gains or continue to be taken $3,000 a year, if there are no other capital gains to offset.

The owner is a friend and will carry for 2 years (just in case something goes sideways) @ 7% APR, with $50,000 down, interest can accrue and be paid when the loan is paid off after I refinance.