When all is done, it comes down to enforcement.Notice to vacate delivered on the first allowable day.Filing for eviction on the first allowable day.Paying for all charges other than rent, first, out of payments received.Lastly, let them know they need to pay on time to avoid this blistering response.

Honestly just figure out the absolute minimum your investors need to make to be happy then under-promise and over-deliver.

Time to serve them with a notice to evict but first call and tell her you intend to evict but if she delivers the payment today in CASH you will not serve them.  

It can mean an offer to purchase a property that delivers cash to the seller at closing, i.e. no seller carry back, regardless of how that cash is obtained.  

I gave him verbal notice on 7/1 and followed-up with an official 30 day or quit notice (delivered by a Marshall) on 7/15.  

@Peter Crabtree Have the tenant cancel the money order and hand deliver a new one.

I went and delivered a courtesy late rent notice, saying that the $100 late fee just applied and every day from here on out $20 will apply.

Here is Fannie on the subject: Limits on the Number of Financed PropertiesIf the mortgage loan being delivered to Fannie Mae is secured by the borrower’s principal residence, there are no limitations on the number of other properties that the borrower will have financed.

You can deliver in person or send by certified mail.

It all got resolved but could have been smoother.Personally, I like to deliver the ownership change letter directly so I have a chance to meet all the tenants - and they get to know me as well.