I am negotiating a purchase of a mixed unit property (consisting of 4 residential units and 1 commercial space0.

@Hannah Lewis Yes, I have 11 units in Albany.

Another approach is "house hacking," involving the purchase of a multi-unit property, residing in one unit, and renting out others for short-term stays.

I tell them it's just a formality, even though it is ordinarily the beginning of an eviction process.In the lease they give me the right to advertise the unit for lease 30 days in advance online, with a yard sign, and with a sign in the window.

When I'm evicting tenants from a unit, I always put the tenant's name and the words "and all others".

A couple of facts: a) Not planning to sell it anytime before 5 or 10 yearsb) Planning to refinance it next year or so, after the renovations are overc) Planning to use the unit with backyard as short term rental- General contractor gave me a very high number.

That’s only triggered if you use property management in the 1st place.Any landlord without a Montgomery County Rental License is unable to pursue legal action against a tenant for unpaid rent in the District Court of Maryland and is subject to a civil citation from the Licensing and Registration Unit.

She is not how they qualified to rent the unit.

Very cool! 

Since it is the smaller unit I am anticipating $6,500.