Once that expires, then you can file for eviction.

As a realtor i am always hitting the phones calling expireds and FSBO. 

The contract and the PTS had the same short term expiration date.

For any leases that expired prior to closing, the prepaid last month's rent would go to the seller.

That is astronomically low for the SFR management industry.We have extended, through lease renewal, 1,025 expiring leases this year and many at no charge to the owner.  

Our mostly young tenants have changing lives and us knowing they 'might' give us 30 days notice before their lease expires vs 30 days anytime usually makes little difference.But this sucks.

B) If its a tenant, how do I go about having them pay me rent (do I assume their existing rental contract until it expires?).

We are inheriting tenants whose leases expire at the end of January, and have no reason to believe that they don’t pay on time.  

Combined with peeps for have expiring 5 Years Arms, would come under tremendous pressure to sell with higher interest rates next year.Wouldn't this cause a correction in home prices, if that market was rational???

I prefer properties managed by Property management as income & expenses are better documented.Generally in the LOI, I always ask for the following before going under contract 1)  2-3yr income statement (P&L with all income & expenses)2)  Current rent roll with monthly rent payment dates (to see late or pending rents) and  lease start/expiration dates3) 2yrs Tax returns (K1 or Schedule E)4) Seller Disclosure on the condition of the property with upgrades and current known issuesAll these need to be signed by the Seller.