@Kee Lee  since you said they were older it may be possible that someone became eligible for social security resulting in the change.  

I would recommend only using a short or mid-term rental house hack for a 2-4 unit property or a house with a detached ADU for your security and the comfort of the guests, which will make it more profitable.

Partnering with experienced investors can provide valuable insights.5.Creative Financing:Explore creative financing options like seller financing or private lenders to secure better terms.6.Rent by the Bedroom:In high-demand areas, renting by the bedroom can boost your rental income significantly.7.Local Market Analysis:Stay updated on local market trends and network with other investors for insights and opportunities.Always analyze potential investments thoroughly and run detailed cash flow projections.

Regardless of situation you should be aware of all lease terms of current tenants, security deposits, tenant contact info, pets, rental rates, etc. 

i  would say househacking in expensive area is the best strategy.I got all tenants paying my mortgage , i never met them and they made the house more secured as well because there's always people in the house. 

Hey Austin,It's best to have an Attorney draft this as you're getting into offering securities to your investor friends. 

The buyer has secured a loan for $3.0m for the deal.

Implementing risk mitigation measures like fire-resistant materials, updated electrical systems, and security systems can help negotiate better rates.

Offer some incentives like paying for their move or covering the security deposit and first months rent at their new place.

Many investors have sold deals in the past market cycle, and mad money purely through  cap rate compression.I would like to know how many deals they have gone full cycle.I want a list of their team members, including CPA, Securities Attorney, Property Management company, and all the general partners on the deal.LPs need to focus on their goals, and make sure their interests align with the sponsor.Hope that helpsGino