FEES:Rent: $700Utilities and High-Speed Internet: $75Optional Garage Parking: $50 (or plenty of outside free parking)Security Deposit: $700Property Features:Private Bedroom: 137 sqft unfurnishedHome and Kitchen: Fully Furnished and EquippedMonth-to-Month Lease (pay online with checking account or credit card)Furnished Private BedroomFlat Rate UtilitiesFree Storage AreaFree ParkingFree Planet Fitness MembershipFree LaundryFree Planet Fitness MembershipPets: stay in owner's room or accompanied in backyard.Private Room Occupancy: 1 personVid Tour: (coming soon)Lease Terms: Month-to-Month 

I am having thoughts of possibly assigning the contract before the close date to purchase a duplex or triplex but I was curious of a few things:1.

I think it depends on the speed of rehab, living situation, and timeline you want to follow. 

I am having thoughts of possibly assigning the contract before the close date to purchase a duplex or triplex but I was curious of a few things:1.

My biggest regret to date is not taking advantage of an FHA on a multi unit as my first property.

You can give them notice as soon as you want, but just make that notice effective on the tenant's move out date. 

It is however also time to reflect on why it didn't work out.My personal experience has been that in order for the relationship to work I need to be very clear up-front about what my expectations are e.g. get 3 quotes for every expense above $1k, get my approval for any expense above $350, rent paid by x date, late fees, eviction process etc.If you take time to reflect on how you could improve your odds of success working with a property manager going forward you will be ready to scale when the time comes.

Chris I do flips and have been looking st rentals in CH but have passed on rental deals - just from lack of knowing speed/ability to rent.What was your experience like finding tenants?

What date would you want to move in?

If they do respond costs will go up some, and if the bank can prove their mortgage and the last payment dates, you would gain nothing, and may have to pay the bank's reasonable attorney fees as well as your own.