Thank you in advance for your responses. 

She is just going to keep going and lying and coming up with excuses why she didn't cause the damage, such as mold is Landlord responsibility or soaked ceiling boards are normal wear and tear.  

Know the Local Laws Inside and OutBefore anything else, it's crucial to research the local housing laws in your area.

All of that said, I would treat this tenant as month-to-month and enforce the 60 day notice requirement meaning that they are responsible for an additional 30 days of rent beyond their anticipated move-out date.

Financing will be key, and choosing the right mortgage is crucial, an FHA loan or something similar could be a good fit.

Thank you so much for the quick response!

Understanding local laws, tenant regulations, and tax implications is also crucial.

Thanks for the response John!

I have been doing off-market acquisition for more than 30 years so I think I have some advice to share so people don't step in the same potholes that millions of newbies have by trying to build a wholesaling business without access to ARV and no knowledge of repair costs.Under what rule is every response supposed to be solutions?

I believe we will have to get the tenants on new contracts.I haven't been to the area, but I did decide to put full trust into my mentor and the #s still cash flow, although I'm putting in more significant starting cash than I had ever planned on.I'm fortunate to have a decent W-2, and going forward I realize I really have to take full responsibility for the loan and be my own best advocate for the interest rate.