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Updated over 10 years ago,

Ricky Stafford's profile image
Ricky Stafford's profile image
Ricky Stafford
  • from Newland, North Carolina
  • Member since May 18, 2013
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36
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8
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Ricky Stafford's profile image
Ricky Stafford's profile image
Ricky Stafford
  • from Newland, North Carolina
  • Member since May 18, 2013
Connect
Ricky Stafford
  • Newland, NC
8
Votes |
36
Posts
Buying & Selling Real Estate

Buying a tenant occupied home on the MLS

Ricky Stafford
  • Newland, NC
Posted

I'm seeing several houses in my area on the MLS listed as tenant occupied. One listing was $45,000 with long term tenant paying $650/mo.

What are your thoughts? I know all of the due diligence work would still apply like looking at the least and meeting the tenants and getting an inspection. But, are there any automatic rules to stay out of "deals" like these?

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