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Updated over 9 years ago,
When buying an investment property, is already rented out better?
When buying, say a duplex, is it better to buy one empty or already rented out? What are the pros and cons... I can think of a few...
Pro: Already rented
Conn: You have to follow the current lease agreement
Question: Will I be able to thuroughly inspect the property, i.e. behind the washer and dryer if there are renters in there?
What are some real pitfalls here?