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Updated over 5 years ago, 06/21/2019

User Stats

20
Posts
4
Votes
Etim Fisk
  • Rental Property Investor
  • Springfield, IL
4
Votes |
20
Posts

Is it a good idea to buy an apartment with no tenants in it?

Etim Fisk
  • Rental Property Investor
  • Springfield, IL
Posted

The property I am attempting to buy is in a very nice wealthy neighborhood in central Illinois, however, It doesn’t have a single renter occupying the property at the moment. I’m wondering if I should forgo buying this particular property without the potential of receiving immediate cash flow starting from day one?

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