I've done deed searches and look at different documents filed.

I found this fact sheet which seems to indicate it would be possible to evict the rent stabilised tenants so long as they haven't been living there for more than 15 years or are older than 62 or disabled: https://hcr.ny.gov/system/files/documents/2020/10/fact-sheet... 

I agree, criminal charges have to be filed.

I have file a suit for back rent. 

Review the quality of the tenant base (do they have a history of paying on time, what were the original screening criteria, do they have applications on file).

Basically all rentals, even ones owned under LLC, come up during loan DD as long as you file them under one tax return as personal, that was what happened to me earlier.  

Working While Homeless: A Tough Job For Thousands Of Californians : NPRAverage Rent in Los Angeles, CA - 2025 Rent PricesHard truths about deinstitutionalization, then and now - CalMatters I see this literally all the time, tenant applicants being just a few missed paychecks away from bankruptcy. 

All this asset protection in a Texas Series LLC for a $300 filing fee.  

So I approached the foreclosed upon owner this week to confirm that she had sold her right of redemption... she confirmed.But the investor has not filed the petition for redemption.And of course the court has not approved the sale.I am bummed about losing the deal.  

As a seller, I have sold properties/filed properties to tenant buyers using lease options.