Bank Owned & Occupied.

[James W.]

hello - 

i've bought 3 REO's so far but have shied away from occupieds.

some questions about occupied REO's -

1. i assume the title will be delivered free and clear because the bank owns it now?
2. can i ask the occupants to pay the rent? hows the rent decided?
3. can i serve notice to vacate if they dont pay? and have them evicted by law if it comes to it?

thank you.