How are your conversion rates?

But also a conversation with the City that it will be permitted in, to understand all requirements that you will be responsible for. 

Note a condo conversion and/or coop/TIC already permitted this but financing may have more options than TIC And process may be easier than a condo conversion   Condo conversions and TIC have been done for decades/years respectively.  

I would have a conversation with them cordially and issue the 30-day notice to vacate. 

I DO start with some informal conversation to get a general sense of the person.

When you get them on the phone setup a time to do a zoom call, see how they do business, who the connections are they have, and if you get to know them through those conversations and feel good go meet them in person.

They were conversating on how they didn’t have anything to spend it on and it was just going into savings.

Most sellers are not looking for a chunk of cash they are looking to solve a problem.If I was starting today I would be going directly to these owners who have listed their properties and have conversations.

Once a property was selected the conversations between buyer and seller are recorded.

Hi Deepak, I know I’m a bit late to the conversation, but I wanted to provide some more information regarding hiring a property manager.My best advice would be to start by checking out NARPM or using the Property Management Finder here on BiggerPockets.