Previous Owners of Your Rental

[Satyam Mistry]

Hello, I am interested to know how much consideration is put on how many times a property has changed owners and if it matters much to you if current owners are also using property as a rental? 

This question is more for SFR and 2-4 unit properties (of course these small multi family are rentals, but owner may also be occupying).

I have generally had success with properties that have had the same owner for decades that show good signs of maintenance and care. I generally prefer this over a property that has changed hands many times over say 10 years, but am curious to know how much other investors consider this factor. I have waived inspections on recent properties I have purchased and have just done a walk through with a trusted agent/investor as the market has been so hot that good properties under $200k are usually gone in 24-48 hours. If you want an inspection your price will generally be quite a bit higher than other offers for the sellers to consider. Hence the reason I do place some thought on how many times the property has changed hands and over what period of time. Thank you for your input.