You don't want it to sound super formal.

Which means filing a case at the superior court and then formally serving the resident.  

Not sure what the lawyer had to say, but make sure the seller has a lien or deed of trust to fall back on with foreclosure terms stated, otherwise it's a judicial foreclosure. :)

However, without regard which entity strategy you use It is VITAL that you keep separate banking accounts and religiously adhere to corporate formalities.

and if she doesn't execute the new lease, then the letter will serve as her 30 day notice to vacate.In addition, I would quote the clause in the lease that discusses your ability to have the property shown to future tenants and advise her that she can expect showing to occur throughtout the month of Sept.Also, I would schedule a formal Safe and Clean inspection (do this via separate certified mail) to ensure that the property is at this time in good condition.Remember... as a landord your number one job other than maximizing your rents is to keep your tenants on your agenda... not theirs!

The subject house is 1,842 and no formal dining, while the two comps are 2,235 & 2,249 have formal dinings and the rooms are a little bigger.

Two of the three units are not on formal lease agreements.

Not saying there aren't financially astute originators or underwriters now, saying that most have really had narrowly defined operations experience and there are many that have no formal financial training out there.Now, take these types who are accustom to meeting written loan policies, checking of a list of requirements, have them take a test with a few hours of classroom training and you have today's LMO.

Maybe down the road, I would learn in a more formal setting.

With a target neighborhood, judiciously use your budget to send mail, make phone calls and go door-to-door.