Normally I would serve a 30 day notice to quit in this situation.Upon further investigation, it seems the tenants are related to the seller, and neither have produced a written lease yet.  

The Accrediting Council for Independent Colleges and Schoolswas in the process of decidingwhether to revoke ITT's accreditation.ACICS had said earlier that ITT faced litigation and investigations from three federal agencies related to the school’s “student-lending practices and misrepresentations to investors.”ITT was founded in 1946 as Educational Services Inc. and has been headquartered in Carmel since 1969.

I joined BP about three weeks ago and bought a few books to help get me started on the investigation stage of the process.

I am very new to real estate investing, just  reading, investigating and gathering information at this point. 

Haven't investigated Finneytown too much but from what I can tell it would fit right in with the others listed above.

Its a long story how I got to Bigger Pockets but suffice it to say I started my investigation at one of those "high cost" guys with a friend and my friend found Bigger Pockets cause she wanted something better within her budget.

And you'll appreciate not getting sued (as often) and having your reputation tarnished by doing bad deals.Having your license is a good idea for one major reason: not getting investigated for unlicensed broker activity.

Maybe I'm missing something that makes Pittsboro a bad area, as I haven't looked into it deeply, but If you are thinking about placing a bet on growth over the next ten years, then it could be worth investigating. 

You might want to consider investigating ability to get a portfolio loan on revised assessed value with a commercial lender or try a 1031 exchange on some of your initial properties to be able to accelerate your plan as you get into years 5+ of the journey.good luck!

Since we will be closing on our current investment in the next 3 weeks I have asked a few times to start the investigation process for the next property with the thought that would not be a problem.