From the day you take over the rent is yours,, they would not have any prior debt,, to you,, and old owner would have no cause,, so you would give them a notice your new owner, where to pay rent, and that you are giving them notice to vacate in 1 month and notice would have to be given before the last day of the Oct for them to be out Nov 30th.. if they don't pay rent in Oct.. then you give pay or quit,,if still not payment then you can file for eviction action. down load  your state landlord tenant laws to find out proper procedure for your state. 

Even for relatively smart people, DIY is a bad idea --- even new law school graduates often struggle to properly understand all the procedural rules.

All this, without so much as a whisper... at least on the internet.Only now, having taken action, do I feel the right to begin the process of chronicling my journey.What I will give to you:- My results and procedures.

If I had any questions of logistics or procedures she would be the perfect resource.

While I have never been an Agent in any State, I have sold hundreds of properties and am fairly familiar with Ohio's laws and procedures.

You don't need an attorney representing you to be at the closing, this is pretty standard procedure.

For the seller it could be a secure investment return, deferring capital gains, etc that is attractive.This is really finance at it's finest and you have the ability to handcraft an agreement that works for both of you.

I'm not sure of the proper procedures for processing (say that 3x's fast) applications.

This is more along the lines of strategy rather than legal procedure.

Supply and demand for housing at it's finest.