Purchase a property with disgruntled tenants?

[Troy P.]

Hi all,

I'm considering looking at a property that's been on MLS in my area for a few months now, I'm assuming because my agent told me the current tenants are making all showings as difficult as possible. I'm curious if you've been through this experience and if you have any advice or pointers for making this a success for everyone involved. A few facts:

-property is listed at retail but I believe seller will contribute to closing costs and accept at least 5% off market price (only way I'd do the deal)
-current rent is below market and will need to be increased 15-20%
-tenants are making showings "as miserable as possible" so I'm thinking they know what's coming their way
-currently month-to-month

The pics of the property don't show any obvious signs of damage or abuse but I'm not sure I'm willing to risk this happening once I become owner.  The last thing I want is to end up in court over a property I've owned for 30 days.

Side question: if current landlord has used all or a portion of the security deposit on repairs, are they obligated to disclose that?  I wouldn't want to walk into this deal with no deposit being handed over.  Any other thoughts?  TIA