Hi @Ellen Feiss I agree with @Ty Coutts that you should start with informal, friendly, face-to-face conversations with the tenants to establish rapport, especially as you have some lead time here before next April.People don't like surprises or having to scramble, so if you are able to let them know your plans in advance, if they are reasonable people they should appreciate the extra lead time.This is especially true if their rents are currently very under market - they will have sticker shock when they look at what other units are renting for, and have to spend more time finding a new unit (if you'll be asking them to leave).If you have to move into one of the units yourself, I'm surprised you (or your lender) didn't make it a condition of the purchase and make the seller have the unit vacant for you.Sooner or later in rental real estate, you will have to establish a relationship with an eviction attorney.

Want to move on to purchase a second multi-family.

@Rob Carmody, if they did work for you even if if there was no specific agreement about the cost you probably owe them money for that.

It probably depends on the specific market and the supply and demand in that market.

Assuming you can find a great fix-and-flip deal, you could borrow what you need from private lenders and not need a ton of cash (although you would need some money for the rehab).Also, has your bank told you what the specific credit requirements for their loan would be?

Purchase price: $230,000 Cash invested: $46,000 About to close on my first Duplex and very excited.

I’ve always received copies of the current leases, and request them as part of the Purchase Agreement.

We are going to be converting our purchase into a halfway house/ sober living.  

@James Brunetto, jr I don’t have any specific sites but I do a lot of Google searches on potential areas to get a feel for the vibe.

How do I find investors who purchase wholesale deals in FL?