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Updated over 5 years ago,
List For Rent Before Renovation?
I am closing on a multifamily property next month, i am planning on living in one of the units during the month of June to do an extensive rehab on the unit. I would like to lease the unit to new tenants starting July 1st.
I am wondering when i should plan to market the property for rent - I wont have the renovations complete to show the property until about mid-June, and this would be a very quick turnaround to find a tenant by July 1st. Obviously, i would like to minimize the vacancy as much as i can. If anyone has encountered this situation or has any tips please let me know!