My initial plan before this was to send a certified letter introducing myself, request a copy of their current lease, tenant information, change locks and provide new keys, provide new rent payment address, make sure the property is in decent condition and honor previous lease until it's over. 

Secure the property: change the locks, post no tresspassing signs and board up if necessary.

But after I have my first rental paid off or enough equity in it then I will use that rental as a HELOC and remove the lock from my primary residence.

Some examples:- Adding/removing a tenant from the lease- Adding a pet- Early termination- Tenant locked out- Landlord requests additional inspectionsMy time isn't free.

If you can't sell it in a cash sale, then after some pre-screening lock it up under contract, and refer them to your lender after that. 

After receiving the leases for the duplex, it turned out that the property at the contract price would not be profitable (I use financing for all of my purchases), as it was locked into leases that didn't not terminate until May 2020.

Smart locks, dynamic pricing, channel managers, PMSes, etc. 

They do not care how long funds have been in the account, we are able to get current terms of 5.375% amortized over 25 years and lock for 10 year with a max increase of 1% per year after that and a cap of 6% increase.

“Smart Lock Boxes” allows a prospective tenant or buyer to enter and view a vacant property without the manager present.2.

Not sure how he’s never been locked up for his scam, but I guess it worked for him.