Need advice - Purchasing First Investment Duplex

[Raj Singh]

Good Afternoon BP Community,

I am excited to purchase my first investment property (Duplex in Sacramento, CA) the duplex purchase price is $600,000 and there currently are tenants at the property. One tenant is month to month, paying $2000/ month and the second tenant has a lease till next Feb 2025 at $1700/ month. I wanted to ask for the advice of the experienced investors who have purchased multi families units (especially duplex's) on a few topics.

1) Do I still need to vet the current tenants at the duplex? Is there anything that should be done from a screening standpoint for these existing tenants? 

2) What are the potential challenges that I should be aware of with being the landlord of a multi family unit? What are some of the tips and pointers you can provide on how to navigate these challenges?

I would appreciate the sage advice :)

Thanks!

Raj