So yes walk away, the sign says it all if I am reading that right?

This unit is owned by my LLC but certainly I have signed for the mortgage.

I personally would start with family members and ask if they would sign a promissory note with simple interest so that you can take that loan and invest in buy/holds.

CO landlords can still evict for all of the common grounds for eviction: nonpayment of rent, violation of lease terms, damage to property, disturbing the peace, health and safety violations, illegal activities etc. and can also still evict if they plan to conduct repairs or renovations, property demo or conversion, move in to the unit themselves or have a family member move in, withdraw the property from the rental market, or if the tenant refuses to sign a new lease with reasonable terms. 

Today we just learnt that seller refused to sign the closing docs for her new house because the mortage was higher than she expected.

Then I will probably sign a lease with the new tenants through DocuSign or thru the Avail lease signing system

We had initially presented them with a 6 month lease, and after hearing they would like to move we offered a 3 month lease which again they refused to sign.

I am in Milwaukee, WI and I use the WLB lease format to sign fixed-term yearly leases with my tenants.

Having a signed agreement for each property stating responsibilities and budget, along with the agreement if we go over the budget, we're both responsible for 50% of excess capitol injection. 

These are primarily for "off market" purchases.TOP 10 Motivated Seller Lists - Try each of theseI could add yard signs as well