Deal with tenants...

[Tom Nellman]

Hi,

We have sourced an off market deal in Tulsa, Oklahoma. The seller owns it outright and only wants 10k to get out of the property and the property will ARV at +130-140k easily. She took the tenants to court and lost during covid, they have renters that won't leave, but no signed lease, suppose to be paying week by week but stopped paying and she just wants out. Is this something to avoid at all costs, tenants will likely destroy it and make it tough to possess... or is there a way to solve this and get a great deal? Appreciate any input.

Thanks,

Tom

[Tom Nellman]

@JD Martin, Appreciate all your input!  If we go through with it, will definitely let you know how it works out, thanks!

Tom