Terminating Month-to-Month? (Kentucky)
I am expecting to close on a multifamily property in Louisville, KY later this month and plan to remodel all units immediately. 2 of the 3 units are occupied and have month-to-month leases. As soon as I close, I was planning to send certified, signature-required termination letters (30 or 60 days) to the tenants. Is that sufficient? How does rent collection typically work in this scenario? Thanks!