I would complete an addendum to the lease to remove the previous tenant and add the new tenant.

Greg, something to keep in mind that I learned from my CPA a couple of years ago (I am retired now, so not an issue these days), but if you make over ($150k I believe), your rental tax deductions cannot be claimed.  

If you have a well-maintained unit in a decent area, your tenants will want to stay, even if the increase is substantial and it is within market rent.BTW, prior to purchasing, ask the owner for copies of the most recent utility bills, tenant estoppel certificates (signed paper from tenant stating financial terms of the lease) and CLUE report ( A report that lists if any insurance claims have been filed against the property in the last 7 years) to ensure property is insurable.

Within 48 hours, one of our licensed contractors inspects the work completed.

Is it possible to get quit claim deed from house sold at Sheriff Auction and then sell it using a traditional lender without paying off the redemption note first.

The previous lease is already up, but my request for them to both sign a new lease still hasn't been completed.  

They have a new huge apartment complex that is supposed to have up to 1000 units when completed right off all American highway which is he main road into Bragg.  

Totally and completly wrong for Colorado.

Hi Guys, My loan officer approved my jumbo home loan, but wants my house 100% complete before he schedules inspection with his appraiser.

Do not settle, finish the case and get a small claims court ruling.