If their lease runs for another 6-12 months though, then you have to decide if you're willing to take on the hassle of 6-12 months of chasing down rent payments, delivering late notices, threatening eviction actions, and potentially going through the eviction process itself.  

There are plenty of free services like Credit Karma or Chase Credit Journey to notify you of a change or inquiry on your credit. 

Chase Story is no cost to tenants https://www.jpmorgan.com/commercial-real-estate/rent-payment...

I make about 60k yearly and I’ve spoken with chase and they told me I could get a 250k loan with 5% down at 7% interest.

If you took the top 3 players to lunch or dinner quarterly, you'd spend a lot less yet gain a lot of knowledge.

., find a way to make money on this one and don't lose a good deal bc you're chasing a home run...whatever it ends up looking like, you found a great deal.

They have been long-term tenants, and the prior landlord was apparently chasing the rent quite a bit. 

We had a list of preferred real estate agents we listed our stuff with to get fair market (maximum) sales price.If we wanted to dump a property below market value, we knew who the players were and would contact them discreetly - we didn't want any negative publicity.Unless you find a desperate, failing lender, don't see you having much success.

Plus, it gets people coming to you looking to sell their house instead of you chasing them.

Keep in mind this guy was a bigger player so he had Lots of deals out with this lender and now peer st.