Given the information you've included here, I'd let the new owners deal with an eviction and have a beer with my team to celebrate the sale and never think about the property or tenant again.

We celebrated for a day.

If he goes under, I lose one of my absolute most valuable partners (and don’t get me started about my tour guide friends in Italy who have watched months of bookings vanish with no compensation, and the operators in Ireland who had thousands of people cancel this week when the country closed down the Patrick’s Day celebrations, and so forth).  

The median sales price in the Philadelphia Metro Area gained for the nineteenth straight month, with attached home pricing (up by an average of +7.2%) outpacing detached homes (up +5.3%) over that time.Philadelphia County celebrated its 51st consecutive month of year-over-year median close price gains, dating back to December 2015.The number of closings in the Philadelphia Metro (4,445) hit a new February high.Activity in the Philadelphia Metro continues to flourish, as new pending home sales saw a best ever for the month of February.

Fast forward to 2018.Background ContextAt the time I had bought a property in a favela in Brazil, I had never even been to BrazilI was visiting Rio de Janeiro for the annual Carnaval celebration in 2018 and bought on a whimI had no experience with properties in a Class C or D in the USA, and not abroadI knew very little about investing in Brazil and didn't begin to research until I arrivedWithin 2-weeks I had spent about $400 with a local attorney to expedite and acquire the necessary tax registration number (CPF) to buy propertyFavelas are appreciating faster than luxury property in Rio de Janeiro, rent is inflating relatively fast for all property types.

This is certainly not a time for celebrating a possible drop in prices so we can pick up some low-priced properties.

We celebrated too early.

While one's charged with emotion and resentment and false statements are celebrated.

Just wanted to put some happy vibes out there I’ve been holding my breath until yesterday to see if my tenants would either message me or not pay rent on time April 1st, buy they all paid rent and I didn’t hear a peep (one even paid on the first and usually he pays in the last day he can to avoid the late payment fee) I feel like celebrating right now!!!

Ric Edelman is a better financial adviser celebrity to listen to in this regard versus Dave Ramsey.Yes, your income from renting is taxable.