They'd also be in charge of paying for maintenance, occupancy taxes, booking/marketing, etc., so it could be an easy way to take away the risk of self-managing or even working with a traditional PM.

Sample belowTO:and all other occupants in possession of the premises commonly known asaddress___________________________________city of ______________county of ________ state of ________________________You are here notified that your account is delinquenct in the amount as detailed below:Rent due: __________Late fee due:_____________You must hereby instructed to pay said rent in FULL within 3 days or to vacate the premises within three (3) days of service of this notice or your tenancy will be terminated and the landlord will be entitled to all remedies relief and damages allowed by law including but not limited to recover rents, court cost, and attorneys fees.

Ask for market occupancy and rents.

You shouldn't even ask how many "adults and children", only "occupants".

I reckon I'm going to regard tenants as my focus until I have an acceptable occupancy level and improved cash flow, at which point I will be better positioned to think about expansion and further investment.Thaks for all the valuable input!

Are you planning to rehab the duplex, give the tenants their notice to leave, and flip it for a profit to owner occupants?

The site and neighborhood must be reasonably free from disturbing noises and reverberations and other dangers to the health, safety, and general welfare of the occupants

I trust that you're beyond 15 day "Owner Occupant Only" period.

Ask for market occupancy and rents.

From what I saw over the past year, unless someone can show me otherwise, is that properties are being sold to owner occupants and not speculators.