Closed Tuesday but the previous renters moved back in Wednesday

[Ryan H]

Closed Tuesday but the previous renters moved back in Wednesday.  The place they had lined up to move into ended up being sold so the landlord returned their deposit and 1st months rent.  They had no place to go but still had keys to the place they just moved out of so they moved back into the house I now own.  I had plans to start the rehab next week.

Would you:

A. Begin the eviction process

B. Get them on a month to month lease and start cashflowing (at 10% less rent than you projected) on day one even without rehabbing.

C. Some other option

I think this could work out pretty okay or go really, really wrong.

What would you do?

[Brandon Battle]

Tell them their problems are not yours,they are trespassing! They have no legal right to be in your property and must depart immediately or face legal action. Tell them to move into a cheap hotel until they find a new apartment.Don't take one penny from them to give them tenants rights.Don't ever let someone deny you your property and dictate what you will do with your property.