The only way to get rid of a tenant you do not want is through eviction or owner occupancy.

Thomas always recommends a M2M lease, because it's much easier to get rid of bad tenants when you are only obligated to them for 30 days.Sometimes you go through all the screening in the world, then your tenant seemingly has a head trauma the day after they move in and turn completely nuts.Also, while it seems like a great idea to lock the tenant in for an entire year, they can actually move anytime they would like, with little to no repercussions.

That's a lot easier to get rid of, I bet...  ;-)  Good luck!

I quit my job last year and finishing getting organized with the vacation rental side of my business and by November will be ready to tackle this new phase in my real estate career full steam ahead and grow my business.This is my current situation, 4 rentals, plus my own home:Home 1 - Vacation Rental - worth about $160K - Owe 42K (conventional 4.25)Home 2 - Vacation Rental - worth about $185K - Owe  $50K (conventional 4.25)Home 3 - Long Term Rental - worth about $165K - House free and clearHome 4 - Long Term Rental - worth about $95K - House paid off but have lien from SBA Owe $30KHome 5 - Primary Home - worth about $200K - Owe $120K  (FHA, 3.75 BUT also pay PMI so in reality it's 4. something)All my houses are doing really well, I tried to get rid of the cheapest one to finance buying a more high-end home but no bites so just kept it as a rental which is fine by me.My goal is to acquire more properties in my area (suburbs north of Detroit or something close to downtown Detroit) or in South Florida (used to live there and have family there), my options would be:- Property to flip (have a friend contractor that has done work for flippers so I would partner with him)- Long term rental- Vacation rentalMy first hurdle would be financing, I was trying to hold on to my high stress job until I acquired at least 1-2 more properties but it was my health or 1-2 more properties so I chose my health.

I get rid of them. 

My friend is moving to another state and just wants to get rid of that house, but doesn't want to go through the eviction process.

Getting rid of a non-paying tenant is easier than foreclosing on a non-paying owner. 

I am new to real estate in general but I have a few specific answers I am trying to get answered:1) If there is a mechanic lien on the home, what options does one have in getting rid of it?

We have reached out to a real estate agent up there to help us with some comps as we are considering purchasing it at that price rather than have the family sell it to a lumber company (they want to get rid of it).Can anyone provide me any resources or advice on what else I should understand before considering this purchase?

Instead of trying to make the LLC useful by making this complicated, get rid of it and just receive the rental income in your personal name.