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Updated about 2 years ago,
Appropriate steps to take with renters already in a new property
Hello all, I am considering a property right now that already has a tenant in it. They are under contract until July 2023. From what I understand, they are prompt payers. I am not overly concerned about them and they do not feel like a deterrent from buying the property. My question for you all is what steps and procedures should I consider doing the closing process as well as with the tenant during the time of transition? Thus far, my plan is to ask for the deposit and to prorate the month's rent at the day of closing. Any help would be appreciated!