Two of the potentially inherited tenants are section 8 and paying month to month! 

The other half rents for $1900 (slowly increasing from the $1400 I inherited) and I do long term rentals in my efficiency unit on my half to traveling nurses making an additional $1150 monthly.

In both situations I inherited property management company because I purchased with tenants. 

So the first question(s) is does that apply here to his inheritance and does that change the perspective on what the right approach to this might be? 

I'm sorry this happened to you, and it's one of the reasons that I try to use an estoppel agreement to cover clients who are inheriting tenants when they buy a building; not that it would have prevented this but at least it would give both sides of the story before closing. 

Are you inheriting tenants?

You  would inherit this at the stepped up basis on his death so if it has increased in value since purchase you might want to look at other ways to handle the transfer.

Hello All!I'm closing on a duplex in a couple of weeks. Both sides are occupied with leases that expire in June of next year. I've reviewed the leases. I believe that one tenant may have a dog, which is a violation of...

@Desmond Fielding I have one duplex where I inherited long term tenants who were already maintaining the lawn.

While rent growth in 2022 is still higher than any previous year on record, it is the fourth month in a row year-over-year rent growth declined,” note Yardi Matrix analysts.Yardi Matrix said rents are forecast to increase at slower rates for the rest of 2022 as the economy “cools off.”Inflation rates will take a while to ebb, “causing consumers to cut into savings and their ability to afford increasing rental rates will lessen as the year goes on,” states the latest report.Meanwhile, rents in the single-family build-to-rent (BTR) sector continue to grow and reached another all-time high of $2,071 after climbing $23 in June.