Usually lender back out means building numbers don't work out (can not cash flow) or your finances has issues.   

Just let the tenant know that since you just bought it, you need to raise rent to make the payments work out.  

Those tenants that have not attempted to pay some rent, attempted to work out a deal with the landlord, attempted to work the system, should feel your wrath. 

Whats your evening routine like?

These things work out fine with "hand shake deals" but whenever there's issues (which is almost always in RE development) you find out how quickly the devil is in the details.

I am renovating a home right now and I think I am finally going to take the plunge and do this one as a short term rental rather than long term like I have been doing.I'm doing a lot of research on occupancy and what my rate should be and I think it is going to work out incredibly well.

I work out of Tampa which is one of the hottest markets in the country right now. 

Organization - find a way to simplify your life; once I got serious about owning real estate, I simplified my life (work - eat - work - work out - eat - read - sleep & do it all over again, every day until I bought my first house)6.

There is no legal restriction on selling a property while it is leased, you will need to notify the tenant & work out a showing schedule with them (this part matters, access is the second biggest factor in selling property). 

However, today I received an email that they had sent a 60-day notice to vacate, so things clearly didn't work out.