Purchasing SFH With Tenant in Place

[Joel Polanco]

How do you guys feel about purchasing a property that has a tenant already renting it? I am going to purchase my first investment property in Jax in the next two months, and I met with a realtor yesterday. She asked me if I am okay if the property already has a tenant in place, and since I was blindsided by the question, I told her yes, that I'm okay with it. But I don't really know much about this. I know that if I purchase a property with a tenant in place, that I am going to ask for pay stubs for rent for the last 12 months, but that's about it. Can I get some advice please?

Thank you

Joel