In my limited experience foreclosing, we had to hire a lawyer and give different kinds of notice to our tenant & then buyer, publish in a local newspaper, and *not* earn several months of rent, plus we had to spend money  to repair damage that the disgruntled tenant buyer caused to a newly renovated property, while on the way out of said property.  

When you watch you'll notice that there is always drama between the flipper and the contractor or partner or someone else. 

How long of notice do I have to give a tenant that I am not renewing their lease in the state of Maryland?

Tell the attendees you will keep them notified by email list or Meetup notices, which ever you choose, and then either collect those emails, or ask them to join your group on meetup (emails are more reliable).But make no mistake, running a group is work, even if you keep it simple. 

@Ian Walsh  I always have last months rent and require tenants to give me a months notice before vacancy to get their deposit.

@Neil Aggarwal Pretty much all vendors in the industry use "Preforeclosure" to mean the period of time between the notice of default and notice of trustee sale in non-judicial foreclosure, or between the lis pendens and the notice of sale in judicial states (with some state to state variation thanks to things like combo notices).For the period you mention, during which the owner is simply late on their payments, those are called "mortgage late" leads or 30/60/90 day late leads.

@Alexander Nason - it may also be worthwhile looking at a Fannie Mae Homestyle Renovation mortgage: https://www.fanniemae.com/content/fact_sheet/homes...Homestyle loans require a higher down payment for 2-4units and loan limits aren't as high as FHA in some areas, but I think this could be a better option long term if you can figure out the remaining down payment:No upfront mortgage insurance premium (1.75% on FHA)Cancelable mortgage insurance (once you reach 22% equity) We bought our 4-plex with an FHA loan and it has been incredible - 3.25% interest rate and 3.5% down on $700k would be really challenging outside of FHA, but my mortgage insurance is almost $600/mo. 

Can I purchase the property and give him notice (90 days) to move out OR do I have to honor his current agreement and wait until his lease is up next August?

What are my rights in nj,can a seller put me all threw this and refused a closing ,what about my time and money I spent  for appraisals and inspection ,I gave notice to move,if I stay they want more rent, inconvenience to my family

In this week's foreclosure notices, I came across a property being foreclosed upon.