The big hurdles that are preventing this from really making an impact are:1) Barrier to entry cost - This is all the permit fees, environmental studies, professional costs, etc.

The return on cash would be a no-brainer.Problem:- The city (Oakland Zoning) wants my Phase 1 to be minimum of 5 units, which puts me over some thresholds where I need ADA in Phase 1, I'd need a unit on 1st floor, and hit with additional impact fees in phase 1.  

**Responsibilities**: Explicitly mention that the tenant is responsible for rent payment for the entire notice period and detail any applicable late fees, such as "$30 per day" for each day late.

If you have additional questions feel free to reach out.

In addition, I didn't see any costs for repairs or capex in the monthly cash flow, albeit you're in a condo so it's limited.

@Colleen F. unfortunately, AFAIK, there is no other resource than go to small claims court and go after her, which will take me $2-3K in additional legal fees.

But, here a are a few:- have a lease break fee spelled out- have as many fees/penalties spelled out as possible- be clear about pet polices and penalties- be clear about when people are allowed to be added to the lease

Reasonable accommodation may include waiving or varying pet polices and fees to allow an Assistance Animal.

There are many vehicles to get that equity and use it to make additional investments with out having to sell.  

When you get a pre-approval, you can get multiple and it won't hurt your credit score so I definitely recommend checking out a few and comparing each of their lender fees, origination costs, interest rates, and more.