I would start your advertisements again on the property and try to find someone else.

If you're looking for more local deals, you might have to start your own advertising on craigslist or try calling local banks.

Only advertise on the Academy so you get some nice military tenants. 

Thanks everyone for the feedback.To clarify, we use electronic payment through Cozy.co.

Mike Isn't that the truth, how many times have we heard that a tenant is late with the rent yet they have a $3000.00 HD set with more tuners, wires, and controls then an electronics store.

That includes both the lost rent until they're filled, plus the costs (advertising, promotions, special rent deals or reduced deposits) of filling them.So, you need to figure out those costs and add them to the purchase price.

Fishy is indeed the right call, do an immediate inspection.As far as them refusing to sign a new lease, I would be advertising the place and once a new tenant is found, I would give them their thirty day notice if all else checks out.Craigslist is calling ..

It looks great and in this "green" era we are in right now you can advertise it as being eco-friendly.The only time I would not reccomend it would be for a rental because it is soft and scratches easily.

I would advertise to get people calling you, be specific that you specialize in death situations and work with lawyers in the same business.

Those include property management, taxes, insurance, any utilities you pay (common areas, vacant units), maintenance, legal expenses, advertising, etc.