When we closed, I hand delivered a pre-written letter to both of them detailing who I was, the rental rates the comps supported and gave them a choice to either break their lease early, sign an early renewal (their lease don't expire until 12/31) at a lower than market rate, or just ride out the rest of the lease and move in the dead of winter.

But like @Todd Rasmussen said, if you find a good one that delivers you profits, they are worth their weight in gold. 

Generally speaking, if the deed is valid (you'll need to review the requirements for a valid deed in the jurisdiction where the property is located), and he was the sole owner, then since the deed was executed and delivered, equitable title has already transferred to you and the property should not be subject to probate.

I've come across a post looking for a New Haven county meet-up both on BP & a couple local Facebook groups so I wanted to create a thread here to give everyone a heads up I've been hosting a monthly New Haven meet-up for over a year, I will continue posting to the BP Events page and I'm hoping to get better at spreading the word and growing our great community of investors.Here is the event post: https://www.biggerpockets.com/...I'm also building an email list for everyone interested in staying in the loop for all future events, Message me your email address to join.I hope to see everyone soon.We're continuing to grow this meet-up & are working on some fun changes for the new year to continue delivering on our mission to add value to our network of real estate investors/professionals.Best,Ryan Luby 

BTW, a good PM won't hurt your margins terribly because they will be able to deliver better results in bookings and thus compensating for the PM's fees.

It was supposed to be delivered vacant, but instead it came with a tenant (and her 5 family members).

After 24 days in factor, the modules were delivered to the jobsite.

You should only do this if there is a clause in the purchase agreement that the owner delivers a unit vacant.

Is there anything else I should do in the meantime - Besides prepare the notice to be delivered on Monday?

Hi everyone,We just got permits for remodeling of a fire-damaged SFH in Pompano Beach (Broward County) FL, only to discover that truss manufacturers are taking 16-25 weeks to manufacture and deliver trusses.