If they do not sign a new lease immediately, It would be a great idea to communicate with the tenants 30-60 days before the current lease expires and have them sign a new lease with the new terms. 

So, I'll for sure adjust how I communicate in future to avoid that disconnect. 

A lot of people prefer "simple" agreements, but truth is, there is a lot of moving parts in the property management business, and the PMA should take this into account. 9) Access for communication.

This can sometimes expedite the process and save you the hassle of legal proceedings.Lastly, remember that tenant situations like these can be delicate, so handle communications professionally and document all interactions with both parties.

In areas other than Atlanta:Do they communicate when a service call is requested?

What was the exit strategy offered or communicated by the GP?

The key is communication. 

Going to find out this week the seller communication has been horrible.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

It is very important, no matter the investment vehicle, to do thorough due diligence, ask for track records, know the risks, make sure there is a great deal of transparency and excellent communication with any Sponsor.