@Matthew L HearnHi Matthew,The tenants are not in the way if they have a signed lease, and you do have to honor the lease once you take over the property.Once the tenant's lease expires, you can always send a letter of non renewal so that they will vacate the unit once the lease expires.Make sure you read the leases carefully and the expiration dateGino

Nope they could care less about you.

In the meantime, take care of the financial basics.

For instance, with STRs, why won't an investor spend an hour on AirBNB for their area to identify listings that:1) rank the highest2) occupancy 95%+3) ADR $750+4) hosts have 2+ properties5) listings are branded with 20k+ Instagram followersetcThen, reach out to those top operators; as many don't have the time or gave up on cold outreach, yet they've done the hardest 90%, have skin in the game, and outcompeted thousands of listings nearby.

Happy to connect and send over my referrals for PM companies that will actually take care of you!

From prospective clients we get pushback....but we don't care, we just bring the property to a past client and they buy it without issue to what our fee is.

If you're considering this as an investment, weigh the costs of cleanup and rehab carefully against the potential value.Best of luck with this project.Regards,Drago

Do you care about any current cash flow from your triplex as it is or are you ok with say doing a refi on it to free up the cash but your cashflow drops because of it. 

I do want to be able to make a living and take care of my family.

For example, brick homes can last hundreds of years if taken care of compared to some new stick built development homes.