What appeared to be a cash cow if all the units stayed rented all the time was in reality of money pit due to vacancy cost.My point with all of this is that you need to do your own due diligence.

There appears to be very little information readily available.

Use the opportunity to improve your lease.It appears they needed to give notice since they were on a one year lease - would you agree?

They appear like they should be catching water from the gutter.

It appears you’re talking to the wrong people.

The cap rates appear attractive at first glance, though a thorough analysis of the local markets is essential, especially the long-term vacancy rates.

So far, I've received quotes ranging from $3k to $5k plus an hourly rate for court appearances.

For example, you could tell them that they don't appear happy with the rental and offer them a one-time early termination without penalty, as long as they leave within the next 30 days.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

I, personally, have owned “affordable” rentals in other areas, which appeared to cash flow relatively well, only to sell them almost 2 decades later for a loss or about even.