Any advice or insights into the process would be greatly appreciated. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Evicting them, even after purchase, could be a lengthy and costly legal process.

Quote from @Nate McCarthy: Quote from @Tim Delaney: You have a lot going on there and I’m not sure I fully understood your thought process.

We went through this process twice with them.

Speaking of iteration, allow me to share with you the iterations and processes we go through in our Multi-unit Acquisition Program: After a client gets pre-approved for financing, we go through multiple deals to find the best ones that meet our metrics.

Quote from @Sharma Parth: Quote from @Jacob Sherman: are they selling the rent ready properties or consultants guiding you start to finish in the process  rent ready properties. they will take distressed properties > fix them > get you  section 8 tenant > and also offer management for you Sounds like a no brainer if the  numbers are right .

Most likely the new lender is going throught the foreclosure process and typically will end up taking the property back.The original posters chances of getting this property back now is slim to none as it will be sold at market value.  

Getting an LLC in place from the start can provide peace of mind and give you a chance to familiarize yourself with the process before expanding your portfolio.

It has taken four months.Unfortunately, when probate is involved, the process can absolutely drag out.