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Updated over 4 years ago,
Buying a property with tenants
I am looking at some properties, a lot of which already have tenants in them month to month or on a year lease. Would you buy properties now with tenants in them? If yes what do you ask from the seller to provide. if not why?
personally I have a list
Signed lease
Security deposit/last months rent
Proof of background/credit check
Proof of job history
Proof of rent deposits into sellers account and rent deduction form tenants on lease
anything else you would add