Quadplex has two evictions a week from closing. Help!

[Robert Hernandez]

Hello,

I am closing on my first deal a quadplex in about a week. I am very excited. However, if found out that . Units will be vacant. They are eviction both this week. One unit was expected to be vacant, I am using fHA and this unit had a tenant that was known for not paying rent on time. Other one has been arrested and only been there for a month. Area isn't bad but not great, c class. Now the seller said that they will clean both units and get them rent ready. I have final walk through next week. Is there any way I can make sure they're rent ready beside asking? Are they required to even make it rent ready. This is a FHA loan so I'll live in the worst one and make repairs if necessary.

After closing my PM will start looking for applicant and lost picture. My question is has any one been in a similar situation? Any advice? How can I make sure it really is rent ready at closing. When I buy the property do I get the evicted tenant security deposit and can I use it to make the unit rent ready?

[Jonathan Bombaci]

I mean it’s better to have vacant units than tenants in units and not paying. The question of if the units are rent ready or not should be an easy one. Would you live there? If yes then you can probably rent it if no then what needs to be fixed for you to rent it. Before the walkthrough checkout the condition of other available apartments in the area so you know what your competition is.