Your advice on getting a Notice to Vacate to them with their agreement to be out by May 1st.

We would like to buy them out as partners of the LLC per the terms of the operating agreement which are pretty basic and straightforward.

The only type of partnerships that make sense are between people that bring different skillsets to the table, but even then: have a written agreement and a clearly defined (!)

I am in agreement with you about the crap job our government and current administration are doing. 

You can continue deducting mortgage interest and depreciation if the property is owned by an LLC.If the LLC is multi-member, your share will be based on what the LLC agreement says.

Investor vs. tax), but if it is a 2nd lien from an investor, there may be an intercreditor agreement that spells out the rights of the 2nd lien holder.

A few things to consider from your list: Copies of the rental agreements ought to be attached as a requirement via addendum in the original purchase agreement.

The reason being is this Person i never had a lease with or rental agreement comes and goes from the property and is NOT living in it..

Additionally, buyers may want to consider consulting with a real estate attorney or financial advisor to ensure they fully understand their rights and obligations under the financing agreement.

I will need a little more information so I can get a better idea what would work for you here in Detroit .I think we're all in agreement here.