Currently, I lease one of the three units to someone who keeps it clean.

I have been managing this one property where everything has been going well and housemates have been happy and even renewing their lease for the past couple of years with no complaints.

I've been seeing a few properties in my buy box being sold with master lease to corporate tenants and the numbers seem to be too good to be true!

@Angel PengI have dealt with this in the past by first checking the lease, and if it is now month to month, I will give them notice that I am terminating the lease in, say, 60 days.

@Kamryn DeVaultTo invest in a duplex, consider factors like neighborhood quality, economic stability, safety, property condition, cash flow potential, financing options, tenant screening, lease agreements, future potential, legal and zoning considerations, maintenance and management, networking, and starting small and scaling.

This is assuming you are talking about a short term rental and not sub-leasing as a LTR.

A little about me:I hold a Certified General Appraiser license and have been working in corporate and commercial real estate for over 25 years.My recent focus has been on property investments and appraisal work, including commercial and residential properties, lease-to-own agreements, and broker price opinions (BPOs).I’m always looking for opportunities to expand my portfolio and knowledge in real estate, and I love analyzing market trends and valuations.I’m here to connect with other investors, share insights, and learn from the wealth of knowledge this community offers.

Thanks so much in advance.Asking price: $1,035,000Offered: $995,000Space: 3,920 sq ft $18.53 rent per sq ft = $72,672 CAP rate: 7.3%Lease Type: NNN in Condo building Existing tenant: Dermatologist with other 3 locations in the same city since 2008.

If you have not moved out just yet, it could be smart to just start with signing a one year lease at an apartment or with a private landlord so you have a better understanding of how a lease looks and works.

I would make sure he understands his role on this until that lease expires.