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.

I've been relentlessly researching all things real estate over the past couple years - reading countless books, watching hundreds of hours of YouTube videos, listening to thousands of hours of podcasts, etc.

Hello,I am a new real estate investor based in Troy, Michigan, actively seeking potential cash buyers and seasoned wholesalers in the Metropolitan Area.

It's a real pain to enforce but it's worth it.The majority of carriers right now have a loss rule on new business that varies but goes something like this... they will not accept your new policy if you have a loss in the last 3 or 5 years.

Gross negligence is very real. 

As for getting a mortgage, you will need reliable income and some W2 to show the bank.

I'm not sure if you will find someone to post about this topic here but you can certainly visit some of the real estate groups close to you (there are several in San Antonio).  

Do you have reliable and affordable insurance?

Please share your thoughts:What are some of the most favorable terms you’ve negotiated with private lenders? How do these terms compare to traditional loan options?What strategies have you found effective in building ...

Joined the community in the hopes of networking with like minded folks.A wee bit burnt out from the corporate 9-5 hustle so exploring Real Estate as a means of building wealth and some freedom for me and the family.Hope to connect with some of you soon