They would not be considered a legitimate tenant in the eyes of the lender as the lease (Assuming you have one) is between the tenant and you, not the borrower so, the tenant would not be protected with any of the "Protecting tenants at Foreclosure" rules.

If you have a title company involved, they can help determine if it's a legitimate lien. 

He listed the house by himself as FSBO for over a month and got only a few legitimate responses.

Quiet titles don't generally work for legitimate mortgages.  

When you legitimately find yourself missing opportunities because of your W-2 job3.

If its from a legitimate bank, no worries. 

Of course I understand maintaining legitimate square footage in these bedrooms is necessary.

If any of them end up not working out, you can simply give them notice vs. having to jump through hoops to find a legitimate breach of the lease to get them out.As for the underrented units, once you're comfortable offering a long-term lease to the tenants, try also slightly raising the rental rate.  

Afternoon BP Nation,So some of you know I just took my business into a more legitimate realm and registered my LLC.

I understand some of these REs may simply be trying to drum up business, so what's the best way to respond to find out if a) this interest is legitimate - i.e. there are actually buyers who are interested and this isn't some bait and switch tactic, and b) if the buyers are indeed real, how to get the best deal for my property if I decide to proceed.