You need to let the tenant know this and that an eviction can affect their standing with the housing program.Since you did not know this basic thing, I would really recommend getting a property manager and watching how they manage until you have a better sense of how to operate.

@Brad Kanouse,If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

What made you interested in investing in this type of deal?

This is to keep everyone's alarm from going off anytime one person burns toast.

She’ll be out by Dec 1.Given that I’ve been paying about $15k on this property every year, it’s been a money pit.

10 acres What made you interested in investing in this type of deal?

Not sure what I should do now to get her out of the property - this is in Florida.

This is great because smart real estate investors know to NEVER call the last landlord on file.Always call the one before that.If someone called me for a reference on one of my tenants, one that I know is a deadbeat and I want out of the house... what do you think I'm saying?

Aside from this any recommendation about groups that  should join or actively participate to maximize my reach?

Curious what current wholesalers in the state plan to do when this new law starts??