If you insist that eviction occur before closing then you'll just be delaying closing for some indeterminate amount of time.

One of the units had a big xmas party with family over, so hopefully that added a little to the xmas cheer and enjoyment they get out of their unit.I'm really of the opinion that if you create a safe, welcoming, and friendly environment for your tenants, (as I've said before, the kind of place they are proud to bring their friends and family to) I think you can really lengthen tenancies, minimize headaches, and avoid blow-ups and badwill.

I try to do projects as they are needed with tenant money to prevent delay maintenance costs.

Delays happen frequently.

@Chris Winterhalter Sorry for the delayed response and thank you for the insight.

Sale price $615kSales costs: $ $30k minimum, commissionOther costs: $5kInsurance, taxes, interest carrying costs: $30k minimumNet proceeds after sales//minimal holding costs $ 550,000Now, you think it's deal at what price?

I did not include:( Hopefully, I can get through the first year with minimal costs in that area because all appliances, carpet, hot water heater etc are brand new.

The house will be a very minimal rehab project if we do manage to get her to sell the house as it requires mostly cosmetic repair, although I won’t really know what it needs until I actually get out to the property and take a look for myself, adjusting MAO accordingly.

Although I am looking in a different area (Ferndale, Oak Park, Royal Oak, Berkley) I have seen home in not so nice areas of some of those cities go from $40,000-$50,000 prices to anywhere from $80,000+, making returns minimal.

Also, the inspection went really well with very minimal things to fix.purchase price $191,000 4 plex.25% down at 4.75% interest rate. monthly mortgage $1,150Total rent each month $2,350 with a on site laundry that brings in around $80 a monthunit 1 $550, unit 2 $575, unit 3 $600, unit 4 $625my water will average around $180 a monthcash flow is roughly going to be $1000 a month not including vacancy rate and repairsall four units are rented and the tenants want to stay. 3 out of the 4 tenants are all Air Force since it is close to a local base.Do I want to have all the tenants to sign a new lease?