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Updated about 1 year ago,
Inherited unemployed tenant
I just closed on my first multi unit 2 days ago. One of my tenant just told me that he is unemployed. This tenant was currently on a month to month lease, but the seller showed up to the closing without a lease or a deposit.
I have to get the tenant sign a lease. I have a feeling this situation is a lot more complicated than I am expecting right now. Anyone been through this scenario and have any advice to offer would be greatly appreciated.