Tenants already in place sounds wonderful because you have the assurance of instant cash flow and help paying taxes mortgage and expenses . ...Sadly The truth is much different .this is nothing to get excited about .

But you can deliver the message in a manner that is friendly and informative.

As I stated I Instantly saw cash flow!

with my other property I setup Zelle into Wells Fargo and got the payment instantly. 

If the property was supposed to be delivered to you empty at closing, you may have cause of action against the seller.

I have a NTQ which I had a marshal deliver to his door on 6/12.Additionally, his father did not include the late fee in the check dated 6/12 which rent was due by the 10th. 

The letter, if it did in fact exist, should have been delivered to the owner of the property, not the tenant.

The goal of a MF sponsor/syndicator (typically) is to return their investor's money within 5 years and deliver IRRs in the north teens or low 20's if you're lucky.

It requires a high degree of specialized knowledge to accurately estimate value and repairs, and if you get any of it wrong you will instantly get a bad name with the flippers you're trying to wholesale to.

I personally am looking for deals that will deliver a higher COC than the stock market could for me.