What is the etiquette for notifying tenants of the sale of a property? For reference, these are single family rentals, some rented Section 8 and some not. Some tenants in a regular lease and some month-to-month.
Do I wait until after the due diligence period, after closing, etc.? I have no idea what the new owners intend to do with all the properties. It is an investment company and when I googled them they have rentals but they also do rehab flips. Not sure what their intent is for these.
In most states there will be a law regarding this. Typically it would be the sellers responsibility not the buyers. Many states offer tenants a first right of refusal.
As a buyer you obligation is to honor any curent leases. Make sure you know what those leases are in advance. Also you are entitled to get the security deposits at closing. It wom't be your money but you will be reposnsible to the tenant for it when they leave.