They either have a valid lease that they must abide by or they do not have a valid lease and are squatters.They either have a valid contract or they do not have a valid contract.  

If I do go this route, I will obviously give the current management company notice (after reviewing the contract), but are there challenges to be mindful of when switching Property Management companies from afar?

I know the appraisal will ultimately confirm the value once we get under contract, but I’d like to get as close as possible beforehand.Looking for advice on:Best free or low-cost tools to run compsHow to adjust for differences in square footage, beds/baths, upgrades, etc.Any tips for analyzing off-market deals when the seller is anchoring on a higher numberAppreciate any insights from investors who’ve done this without MLS access. 

I currently have a Brandywine, MD lot under contract, which is pending a perc test, and I’m exploring the best financing and partnership strategies to move my first project forward.My goals right now include:Connecting with developers, builders, and hard money lenders familiar with new construction in PG CountyLearning more about no-money-down strategies, seller financing, and JV partnershipsUnderstanding local ARVs, build costs, and insights specific to the Brandywine / Waldorf / Upper Marlboro areasBuilding a strong network as I grow my development companyIf you’re experienced with land development, new construction, BRRRR-building, or hard/private lending, I’d love to learn from you and connect.Thank you all — excited to be here and grow together!

Both properties are under contract and I have: Full lender termsRehab numbersARV compsContractors readyExit plan + refinance strategy  The only thing I need help with is covering the remaining gap (closing costs + origination + appraisal + reserves). 

I'd always ask them if they are they have the contract with the seller.

My suggestions for anyone reading this….Before signing a rehab contract: get at least 3 bids, check that each includes detailed line items (materials + labor + markup).Set up the draw schedule: only release payment after verifying completed milestone.Have a worst-case scenario worked out: what if rehab takes 2× time, what if lease-up is slower, what if refinance drops?

I started getting involved with Mexican contracts more than 20 years ago so I have the gift to see all the mistakes and issues even the best lawyer miss.

We are under contract for a duplex 3/2 with illegal attic (that was previously being illegally rented out).

Given the amount of short term contract work (electricians, construction, HVAC, plumbing), rental demand will also likely sky rocket.