Seller Financing Rental Property With a long term lease in place

[Tom Price]

Disclaimer....I’m new to real estate 

I came across a property that I am very interested in and the option to do seller financing on it is a possibility. It’s currently rented through next year at around $2,000. 

Assuming that the seller financing arrangement makes financial sense and I pay the owner $1,000 per month (this is for example purposes only) how do I handle the rent payments coming in from the current tenant? I assume it would be set up where they continue to taking the rental payments as well as my owner financing payments until I obtain a mortgage to pay them off fully?

Any info on this would be helpful!