Except as provided in Section 9-206 of this Act, in all cases of tenancy from year to year, 60 days' notice, in writing, shall be sufficient to terminate the tenancy at the end of the year. 

@Chris Sukala If this is a foreclosure auction with the county you will be receiving a Certificate of Title which should be sufficient to prove you are the new owners.

However, notice to your attorney, real estate agent, accountant or similar persons acting as your agent is not sufficient.""

And although lenders are stricter with verification of self employment income, showing two years of tax returns with sufficient income does qualify.Theoretically, passive income, rental income, dividends, interest income, etc. should enable you to qualify the same as self employment, i.e. as long as you can show 2 years sufficient income on tax returns. 

But I met thousands of folks from all walks of life and I'll bet less than 20% were totally self sufficient on passive income. 

Since the vast majority of people on BP have CoC or cap-rate thresholds it will (almost by definition) push them towards older construction.

I probably didn't expand my search enough geographically (limited myself to properties within a 30-minute commute of the Irvine Business Complex where I worked at the time), but I couldn't find anything that would meet the FHA self-sufficiency rule.Fast forward to 2015, and I eventually found a 4-unit to house hack using FHA, all the way up in Santa Clarita.

Many interesting solutions but bottom line is that the vast majority of all tenant issues are created by one person ....the landlord. 

This money is taken out of a HELOC.2) Get Delayed Financing at 70% purchase + rehab = getting 70% of 70k, or $49k back. 3) Pay that $49k back to the HELOC to vastly reduce that balance.

I visited the up-and-coming area by the beach (aka the 4-5 blocks) one night and loved it, and some properties west of the track are sufficiently close to the beach in my opinion.