The leases that were signed by tenants and previous owner clearly states they accept that their lease ends when the building is sold and that they will be required to leave the building within 30 days of the sale.

The sellers agent said they were reviewing deals as they came along, so I sent in my offer a few hours later and had it accepted the following morning.

$325 cash flow per month would be acceptable to me.

I do want the unit and don’t mind the tenant but I did not agree to take on a tenant with the hassles of starting  a 90 day eviction notice and let alone the rent is for less than I would have accepted.

What is your favorite online platform for advertising rental listings, accepting apps??

Only thing I was think is that an all cash offer might be more likely to be accepted.

.  There are still funds that accept non-accredited investors. 

For my office, we have the following requirement:Tenant must request early termination in writing;Notice must be given 30 days in advance, or Tenant must pay 30 days of rent even if they are leaving sooner;Tenant agrees to pay a Early Termination Fee equal to one month of rent, due at the time notice is given;Tenant agrees to allow marketing and showing of the rental with 24 hours notice during the last 30 days of occupancy.You may be surprised to hear that over 80% of our tenants accept this and pay the penalty when they want to break a lease.For those that refuse to pay the penalty, we don't cry or beg or threaten.

How do you get 100% ROI in 3.5 years, but it takes 4 years for you to reach acceptable CF?

Adjust it as you feel makes sense.Credit score of 600 or moreNo evictions in prior 10 years of rental historyMonthly income of three times rentNo criminal record, or criminal record older than 10 yearsNo petsGood references from previous landlordsMake sure you vet people over the phone/email before you accept an application from them.