Any legal action against property management firm?

[Rashmi Nigam]

I have a 50 unit that was managed by a property management firm for the last 2 years and we just recently transitioned to a new firm. A few days prior to the transition and since the transition we have discovered the following:

1) They did not pay invoices for the last 5 months. I only found out about the tens of thousands of back upaid invoices a week before the transition.

2) They did not pay utility bills and we were close to getting the utilities disconnected.

3) They had section 8 tenants that had failed inspection and they did nothing about it and furthermore let them live in 2 units.

4) Rented about to bad nuisance tenants and did nothing about it.

5) The list goes on....

Is there anything i can do legally to go after them for lack of performance?  The building is in Tucson.

Appreciate any help. 

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