I purchased a duplex end of April and have yet to collect a rent check from either tenant. (Using a PM who is very good and helpful with the one)
The previous owner forged all financial docs and did his own management and clearly didn’t vet any of his tenants and had some pretty interesting (one page leases).
My problem is the tenant he placed one week prior to closing. He’s yet to pay rent, yet to set up the only utility he has to pay (waste removal). And according to my PM he may have someone living there not on the lease.
We started the eviction process and have a court date set. He has since then applied for rental assistance from a new program to which I’m sure he’ll get approval even with him being denied from other assistance programs. His lease is through 4/23.
Long story short what options do I have? “Cash for keys”? Do I have to allow the assistance program?
My PM wants him out and I want him gone with a little issue as possible I don’t want relation against me or my PM. Im sure he’ll do some property damage on the way out.