Bought occupied property that I don't want to rent
I've scanned the forum but don't really see the answer to my situation. I just bought a townhome via auction that is occupied with tenants. The home was foreclosed to the bank, then the bank auctioned. From what I understand, I have to honor whatever their current lease is.
How do you normally get this information? Trust the tenants to provide the lease paperwork? What if they haven't been paying during the foreclosure process?
I would prefer to flip the unit rather than hold for rental, so I'd like to get the renters out. If they refuse Cash For Keys, and want to keep paying......can I legally make them leave?