MN law also allows tenants the right to “pay and stay” if we begin the formal eviction process.

I also volunteer my time as a board member of the RPA (Rental Property Association of Wisconsin), a non-profit REIA and we focus on education, landlord-tenant law and lobbying on behalf of landlords in Madison.Networking is important especially in the beginning, because it gives you confidence to see other people's success when you are getting started.

@Apar Bains  Check on both local and state tenant/rental laws. 

FHA requires the borrower/buyer to be owner occupying the building, but state law requires that all lease transfer to the new owner and cannot be terminated solely due to ownership change. 

They can verify it meets current law, explain some of the more complex clauses (e.g. joint and several liability), and maybe provide suggestions on where you could strengthen it based on their experience.In my experience, most attorneys have very little experience with landlord-tenant disputes.

Here's a link to Lundberg and Associates, they're one of the top foreclosure law firms in Utah: https://www.lundbergfirm.com/f...Are you looking to do foreclosure deals for yourself, or for your clients? 

Same background (European immigrant, working in Tech but on the side real estate investor abroad and then started building my portfolio here). 

I think @Charles Parrish and @Al Wilson are right on the money with the "auction fever" advice, I've felt it coming on myself and luckily haven't given in, but as far as what Charles mentioned about getting in there prior to the actual auction date, that is something I've not put much effort into myself but know other very experienced people around here who've tried that one every which way they can think of and maybe its a difference in state laws or just common practice amongst the local/regional law firms handling cases here vs there, but they've all hit a big brick wall n matter what method they tried and were just told "wait for the auction day".

Hi Jamie,Yes we’re near hospitals and are in Fresno, CA and I think it’s the law of supply and demand as I’ve seen other MTR host now listing their units for sale due to the vacancy.Yes we’re also listed on Zillow as furnished but no leads there.This morning one student emailed to say she’d like to proceed but we had to give it at cost but she’s renting it from June until Feb 2024 so we agreed.I just didn’t know how to target quality tenants as we’ve declined a few due to inability to pay and bad credit.I didn’t know about student.comThank you for replying.

Generally speaking, an investor/businessman's perspective is irrelevant when it comes to tax law.