Your tenant has already signed the new lease, which confirms his agreement to the new rent amount, sending that notice via certified mail can act as an extra layer of documentation that can be helpful in maintaining clear records. 

this is the risk of having Multiple parties in title.. sure would have been better for the Dad to simply sell it to you and take back a recorded DT or Mort   with you and your partner on the Deed. 

@Jackie Lange I know there are 0% down financing options out there but I've heard they are very difficult to do, especially for someone just starting out that doesn't have a track record.

Kitchens, bathrooms, plumbing and electrical is already set up and you just have to have the tradesman do the hookups, theoretically. to be honest my advice is to sell the lots you own and buy new. most lenders won't consider your basis in the land as equity, there Needs to be a new transaction created. at least from all the lenders I've seen. we talk to land owners every day in columbus that own land but it's unentitled and doesn't have any transaction recorded so the equity contribution that you are given credit for is vague. so if you sell your lots and 1031 into another one, in my opinion it's the best of both worlds. if you can'ts sell them, entitle them to get higher values and then 1031. talk to a zoning attorney. 

If the lender has filed against the homeowner, everything is at the court and is public record. 

Additionally, Fayetteville's strategic initiatives to enhance local infrastructure and public services foster a supportive environment for both residential living and business operations, making it a highly attractive market for real estate investors.Let's dive deeper into this market together.Fayetteville, nestled in North Carolina, boasts a flourishing housing market propelled by its affordability, community charm, and strategic location.

It records those calls & leverages machine learning to improve the way it conversates as well.

And if you really thought it was a dangerous tree you might want to get something to prove it before it falls down (evaluation from a tree company, etc) and send it to them certified to the address on record with the county for the owners.  

If you need help staying on top of rent payments and keeping records.

It is very important, no matter the investment vehicle, to do thorough due diligence, ask for track records, know the risks, make sure there is a great deal of transparency and excellent communication with any Sponsor.