Assuming she is month to month, give notice of non renewal, then start eviction when she doesn’t comply

Then in NW Indiana (crown point), a I have a tenant not renewing their lease.

On years where tenants renew leases, ROI increases to 13.8% since the PM’s 80% of first month’s rent for marketing and putting a tenant in place is not required.A couple of lessons I’ve learned during this particular purchase:If you’re scheduling a wire transfer early, call the bank to make sure they completed the wire as scheduled on time.  

This calculates to an average 17% for the year but if the tenants renew leases they will not charge that fee.Good work on analyzing, keep going!

. $4,920 for management (plus lease-ups and renewals).

The owner started off with a lease and would renew it every year, but currently they are not under one. 

I'm non-renewing, perhaps I should send her your way?

I was lucky to have one empty unit and one lease renewal around the same time.

Obviously I don't want to renew his lease but any options before that?

@Nick Diecidue you can always ask the seller to deliver the units vacant upon closing (that's if you haven't signed a P&S yet).What I would do is buy the property, and right away have the tenants fill out a rental application, apply that information into a 3 month lease, and deliver a notice of non-renewal 45 days in advance.