Best ways to break lease with tenants? (Inherited in transaction)

[Michael Vallee]

Would really appreciate any insights into how to or ways to break lease with tenants? Here’s the scenario - buying a 4 plex in Tempe, AZ that was all rented out in Aug for 1 year on 3 units and 2 years on 1 Unit. At about 40% below median rent for the area. Also, when they expire are at a key time of the year when college students return for fall semester. (Entire town rents out near school) So, not sure I can turn that quick and may miss the window. How soon following any hint of Non compliance, late payment or any other means outside an ideal tenant can a lease be broken? Open to ideas... Thank you in advance! Michael #propertymanagement #landlord #leases #tenant