You need from the tenants copies of their leases and their written statement of their monthly rent, security deposit held, who is paying utilities, and any other "agreements" they claim to have with the landlord.

I'd be left with compelling tenant to sign the lease after two weeks or perhaps collecting a fee essentially equal to the monthly rent prorated for the amount of days the property is held, up to some reasonable limit (one month?).

I have purchased many places held by LLs, after showing them the benefits of selling vs renting, especially to older LLs.

It's a good time to purchase REOs held by local banks and credit unions.

A tax defaulted property that's owed by a deceased person with an outstanding mortgage held by a defunct corp is a pretty common occurrence.

Or, have your wholesale buyer fund your purchase, give them a note and mortgage, as well as a signed deed that can be held in escrow until the work is finished (for their security).

To qualify for first time home buyer's financing you can not have held title to any residential property for the past three years I believe it is.

If you can find one that does "portfolio loans" (a loan that is held by the original lender instead of being sold on the secondary market), they'll often times have more flexibility in their loan guidelines.

You cannot use a 1031 exchange on property you purchase where you are only intending to flip. 1031 exchange is for held property.

They are held accountable by the Heirs, and any stipulations in the will...but their's is the only signature necessary for title work to be done, so long as they've been granted letters Testamentary.