If they understand they need to leave and discuss honestly what they can do to make that happen then you are both working to the same end.

But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).  

I can imagine having a broker license adds another layer of responsibility to making sure deals are solid. 

We would have preferred to work with them within reason to make it a quicker and easier process.

Start eviction process the moment you can.

Often, owners beat up PMCs for a low price, but fail to understand the PMC will often cut corners to make sure they are still profitable. 

What’s your process for vetting and selecting the right people for your team?

I agree with the notes above but will also caution you to make sure you're very conservative in your underwriting for the multi-family properties with more square footage.

Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.

Currently own three properties but looking to make my first sale.