Solution is month to month lease you can choose not to renew but you’ll still have to serve proper notice and if they holdover (don’t leave) you’ll have to formally evict anyway.

I need to find a solution to a property problem in California too.

That same amount on rehab costs won't cover much so I'd make sure that each unit was at a 99% solution.

The most obvious work around solution would be to cover it with a bed or build a removal box around it to "hide" it.

I could go into more detail about their proposed solution, but it was pretty nuts.

If so, that seems like a less than satisfactory solution to me.Yes the costs will be low, but unless you are charging 10 bucks a night or something, I can't see people staying anywhere without water/electricity/sewer. 

If there really isn’t a reason why they are always late, or there isn’t an easy solution, I would not renew their next lease.

@Mike Neubauer We used Pacific Appraisal Solutions Igor Medo twice, both times appraised higher than when we did the numbers on recent sales, sq footage, etc.

But a better solution would be to make the deeds match as closely as possible and after the 1031 is complete then contribute the property from your name into the LLC.

I have a property management and maintenance solution to offer them as well so it is basically hands off for them which is why they are interested.