They are supposed to stay until the insurance can rebuild their home.

Since you are flipping your best bet is the insurance approach.

To insure success, follow what Brent stated above...Be SPECIFIC !!!

Proceed with a 30 day eviction, accept no money and don't agree to any extension.

Asking price: $245,000 - reasonable for the areaEstimated Monthly Rent under current leases: $2500.00 - on the low side of the range for the area but the tenant base is long term and stableAnnual Taxes: $5000Annual Insurance - Unknown/information requestedUtilities - Unknown/information requestedBuilding Owner pays for alarm monitoring,electric and water bills - have asked for monthly cost averages but do not have yet.Individual tenants pay their own internet and phoneDescription: 2400 sqft, brick building with a 10 space parking lot, good location Known upcoming repair is HVAC for the downstairs (est $5k), upstairs HVAC has already been replaced.Thank you for your time as well as your opinion on this deal, recommendations for additional questions, additional information etc. 

Insurance is probably too high.  

We do all renovations , we are fully LIC and insured , in Brevard county ( we are looking to expand )My husband has been in construction for well over ten years and I have been buying and holding for 3 years .

If you convert your home prior and decide to rent or live else where in the interim, then decide to use FHA to qualify for a new primary you can use the rental income with out restrictions of the 100 mile rule and still qualify for FHA.Their (FHA) guidelines are rigid, but with proper planning you can adhere to the guidelines and accomplish your objectives while avoiding the unintended consequences of the rules.Best practice would probably be to wait a few months after moving till utilizing your FHA loan to obtain another property.FHA does have a max of 7 financed properties including the FHA insured property (6 rentals + 1 FHA primary) so it looks like you're riding up to your max with the current of 6 financed properties.

They may give you the information you need to help evaluate if you should proceed.

Lawyer/escrow 2.someone with MLS access3.OF course rehab buyers4.couple wholesalers to expand my network.5. insurence guy /title check up