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Updated almost 8 years ago,
Vacancy or focus on M2M tenant?
I'm looking into purchasing a duplex strictly for investment purposes (not going to be a owner occupant.) Currently, one side of the duplex is vacant and the other side has a tenant on a month to month lease. If all goes well and I acquire the property, should I look to fill the vacant unit first? Or should I worry about properly screening the month to month renter? I'm posing this question assuming that the month to month tenant pays their full rent on time and is not a "problem tenant." I would think that I should focus first on filling the vacant unit and then put my efforts towards screening the month to month tenant but I'm looking to hear what YOU would do?