Alan Sizemore

advice needed: there is an off market opportunity that has come up, however, it would be a F&F, but the seller is selli

Alan SizemoreΒ·Jun 16, 2026
advice needed: there is an off market opportunity that has come up, however, it would be a F&F, but the seller is selling it with a month to month tenant and won't guarantee they will be vacated by close. Is this a red flag? If there was a lease and we wanted to buy and hold, i would jump on it.

2 Replies

Tara HolmesTara HolmesJun 17, 2026

Former Property Manager here, I would ask the owners what their NTV (Notice to Vacate) time frame is for the tenants. Meaning, in the OG lease, is it listed as a 30 NTV, a 60 day NTV, or something entirely different. I would ask the SEE a copy of the lease, not just go off of what they say. That will help you determine when they MAY be out. Let's say they have to give a 30 day NTV, they can give it anytime between now and June 30th, however, that start date of that NTV doesn't begin until July 1st, which means they don't technically have to move out until July 31st. If it's a 60 day NTV, that would make it August 31st of them vacating. You COULD do a few things. Buy out the tenants and have them move out earlier. You also need to be aware that by them saying they can't "guarantee" the tenants would move out by the closing date, that is most likely because if the tenants refuse to leave, you would have to file eviction on them which could add another 30 to 60 days. It sounds like the most important conversation would need to be with the tenants. Whether the tenants know that the owners are thinking/planning on selling or not, that might be a fun conversation, as well. But, personally, that is where I would start. Ask the owners if they've already given a NTV, what that time frame is required according to the lease the tenants signed, have the tenants agreed to move out by said date, etc. Also, depending on if you think you'll need to get permits, hire a crew, etc, that might allow you more time to prepare for the flip while receiving a months worth of rent from the tenants. I am super new to Renatus and ISN so I would definitely reach out to someone who has more experience. @[Danielle Taylor](VXNlci0yMjkyMTAxMjM=) @[Desiree Brown & Heather Jensen](VXNlci0yMzUxNDUxODQ=) @[Mitch Nelson](VXNlci00Mjc4NTM4) @[Darian & Evan Monson Monson](VXNlci0yMzUwOTk3MTI=) @[Maeli Nelson](VXNlci0xOTkwNjE5ODQ=)

Alma  JessopAlma JessopJun 17, 2026

It's awesome that you have good input from a property manager! The only thing I would add is as Chris Albin says, "It's just a number". If you have to hold while a tenant moves out or if you have to evict the tenant, just be sure to figure that into your costs. I would agree with gathering more information both from the seller as well as the tenants.

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