This is a nation wide issue but just want to make sure you realize.

@Tim Ryan thanks for the tip!

Really looking for tips on what to do from investors who have been in this type of situation.

This way you get the chance for appreciation as well! 

From reading your posts it sounds like you're referring to real estate education programs.

No offense meant by this...

You could break the ice, introduce yourself (unless you go PM), do an inspection, and bring a lease agreement for them to read and hopefully sign.You'll probably increase the rent.

Is this the case for all states?

I read Pamela's response in January 2025!

there is no bank, no mortgage, and therefore no due on sale clause.if there is a mortgage in place, and you take the payments over, this is typically referred to as subject-to or sub2 and is much higher risk for everyone involved.