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Updated over 5 years ago, 10/06/2019
What would you do?!????
I have a few properties in FL under my belt but I have recently ventured into KCMO for the attractive rent to purchase ratios and landlord friendly laws. I am dealing with a newer turnkey company; trying to sell me a property without a tenant in place. The property is currently being listed for rent.
I'm afraid the property will remain vacant due to time of year - its almost the holidays. This company says average time to fill is 30-60 days. Would you buy a property from a TK provider without a tenant in place? Isnt that the point, cash flow from day one? There's a real chance this property can sit vacant through the holidays and I'll be out of pocket for the mortgage + taxes. This property is in Independence, MO. Would love your thoughts....