General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Purchasing multifamily with a tenant - Contract Questions
I am purchasing my first multifamily property, small two-family with one unit currently occupied. The tenant has been in the home for 3 years and wishes to stay. At this time, I have no intention of requesting the unit be vacated at sale.
For due diligence sake, I am requesting current lease agreement, transfer of security deposit, history of payments and maintenance requests.
Is there anything else that I should be asking for? Or, language that I should consider placing in the contract?