Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply

Inheriting tenants…. Must do before due diligence period ends…..
Hey guys. I am currently purchasing a duplex. Both tenants just signed a lease last month so I will inherit both of them. How do you find out what the current owner did to vet these tenants… ex: references, background check, etc. and obtain a copy?
What can I ask for legally? Can I conduct my own for each tenant?
Also, Tenant 2 has a pet lease that does not include a pet deposit or any additional fees for 2 fifty pound dogs. Current owner did not sign the pet lease. Thoughts? We normally charge a refundable pet amt. plus a monthly pet fee for each pet.