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Updated over 9 years ago,
Inheriting Tenants
I just got an accepted offer on my first investment property. It's a duplex in Wisconsin and I'm going to be inheriting tenants in both units. One of which is a section 8 tenant. Wondering if anyone has any advise? When inheriting tenants, do you just draw up an assignment of the lease? Who do I deal with for the section 8 tenant? Is the housing authority and the tenant or does the housing authority handle the tenant? I haven't had the chance to review the current leases yet but I was told they where both year leases and are only a few months into them.
Thanks in advance!