Tenant lost bid (to me) on duplex they are currently in. Risks?

[Brian Ashbaugh]

Question

Current tenant didn't get their offer accepted on a property I might purchase.

• What are the risks to having a current tenant remain in the property in this situation?
• What is the best way to handle the situation to minimize risk of damage to property, etc?

Situation

• Current tenants put in an offering an FHA loan
• Their offer wasn't accepted
• They are paying under market rent of $1,600 (market is ~$2,000)
• Their lease is up in April 2022
• Current lease must be honored
• Current least states they cannot move out until April 2022