I'd like to consider these ideas prior to making an offer.

If I did want to keep them as month-to-month would a new lease be required since the old lease is technically with the prior owner? 

we did most of the work ourselves. did hire out someone to install the flooring throughout the house and paint everything. posted the house to facebook prior to zillow, and got immediate interest. had signed lease days after orignally posting the house as available.

@Jerry Lewandowski Like Steven, I prefer to have the bid put together prior to the offer. 

@Davide FormicaYou know, that’s the reason I treat a prior eviction so harshly.

Here is the link to the original post if you want to go back and read it, but I will provide a quick summary if you don’t want to read through the whole thing.https://www.biggerpockets.com/forums/52/topics/677478-would-you-take-a-tenant-with-a-prior-evictionA tenant applied to one of our properties and she had an eviction on her record from 6.5 years ago.

I have not had disbursement yet and I read in instructions that they disburse it in separate parts.

Below are my notes from a webinar today given by Dr. Scott Gottlieb, former head of the FDA, to companies in the NYSE.

US will soon have massive testing capacityConfirmed...

If a small biz has $100,000 in prior year salary multiply by 2.5 they could get $250,000.

As an example, they had:- Solid work & rental history (10 years in their current rental)- More than sufficient income (I require 3x rent but they had about 7x)- No prior evictions (this is a hard rule I will never waiver on)- Positive overall credit picture (not a single late payment on any of their accounts when I ran their credit), plus credit scores for both spouses in the mid/upper 700sSo, although I can't see into the future, it just isn't likely to me that applicants like this are going to get into my property and suddenly start paying bills late (or not at all) for the first time in their lives and tank their credit or risk an eviction.