I do want to get into real estate very soon so I do know some of the process so i know we'll be excellent tenants.

Lack of experience or qualifications, poor communication skills, Inadequate screening processes, lack of transparency in fees and charges, negative reviews, high turnover, lack of proper accounting/financial management and unprofessional behavior to name a few.

Other than that you use the exact same process and professionals as you normally would.

I am a little confused by the eviction process in this situation if the lease has technically ended and they are remaining in the property.

So they can be a good place for you to learn what these offerings typically look like and come up with your own unique due diligence process.

I run a call center for Real Estate so here are my best tips:1) Before hiring a caller, make sure you have a solid process that you can plug someone into.

If you fail to pay and the 30 day period to respond has passed, you may be required to start the process over (my office requires this).

RegardsYou can easily structure this scenario on a DSCR based loan and have the loan guarantor with the highest score be the only person to qualify while closing in an LLC owned by you and your wife. 

-Has no crawlspace (common for older properties) so we couldn't see the foundation-Drywood termite/wood decaying fungi damage seen on all the windows/doors/parts of the beam on the exterior, parts of roof decking and rafters in the attic-Old leaks/moisture damage seen in the ceilings and attic-Parts of the roof has patch work-Roof doesn't have any permits on record (don't know how old it is)Seller's offer to me:-Fumigation treatment for drywood termites (tenting the house)-Replace and repair all damage wood throughout the house-Replace the entire roof with a new permit-Replace one window in every room (not all)-Pay for a structural engineer to inspect the foundation-Offer to get quotes for repairs and have a 15-20K budget to make all repairs, house is 500K.

After talking to 3 companies, you should have a median price of what the cost will be.Keep in mind, a professional company tends to have processes in place to increase efficiency like inventory management and 24/7 phone coverage.