do you think they are OK tenants?

[Joanne Tsai]

Hello everyone,

my husband and I were searching for a vacation home in VA. we found a property (half of duplex) we liked, but it is being rented till Q2 2021, with tenants who have been there for 3-4 years, paying somehow below market rent. We later realize the tenant's mom lives on the other duplex next door. (how weird is that!?)

I asked for the rent roll and was told by the agent, the tenants have only been late once during their stay. But it turns out, in the past 12 months, they have been late 4 times, paying $125 fee four times, twice, they had to pay partial every few weeks to make the rent. They don't have a balance now, and have never been more than 30 days late. 

I feel quite uncomfortable about these facts, we have long term tenants in our units where we don't charge market rate, but they have never been 1-day late on paying us rent. they are GREAT tenants.  

Now, I have no intent of keeping these VA tenants, but given the mom lives next door, would that just be a little awkward if we end up using it as our vacation home?

Should I walk out of the deal?

Thanks!

Joanne