You want them on the hook with double guarantee until new owner demonstrates strength as an owner operator tenant.

Which is why old school janitors use the double bucket mop where they squeeze the dirty water out. 

I’m going under contract hopefully today (as long as the McDonalds is still open lol) on a commercial property that will be worth double at closing without lifting a finger.

You cannot double dip by adding a new renter and still collecting rent from the old tenant on their lease and you must make a good faith effort to mitigate your damages (find a new renter).

It is an 1800 sf double wide in the same county.

I anticipate turning it around in under a year and easily doubling the value by 2022.

Terrified that if I do I’ll get railed with interest rates that have more than doubled.4.

And then I double checked the math at the heart of it and found it was completely wrong.

@Brian Adams so basically my plan is to use my agent, who is willing, to write the offer, use transactional funding to double close to another investor on my buyer's list.

Of course, if they don't vacate the premises by the date they are required, you should take the necessary step to terminate the tenancy, whether by a 3 Day Notice to Pay or if they are a holdover, by delivering demand to vacate with notice that they are a holdover and owe double rent per F.S. 83.58.