I'm sure there's a law that can be easily referenced in the CA Civil code or some other legislation that tells me why I can't do that... but basically the question is this:If I buy a property, distressed or otherwise, and it has a tenant in it that can provide a valid lease at market rate, I am under the impression that I have to honor that lease regardless of its terms or duration.

I have the experience to keep the house full, it's a piece of cake at this point.One thing I know, however, is that in order to make that work, the house has to be very impressive.

I'm impressed with the quick and thoughtful replies.

That would be impressive!

I was under the impression it was 2/1 units but instead it is 1/1.

While you are there with the sellers, make a good impression and tell them you would like to present an offer and make the agent write it on the spot and you want to hand it to the sellers with the agent once it is written.

Hi All,Very new to this forum and so far am very impressed.

In light of the recent bankruptcy, I get the impression that the place has hit bottom.

Very impressive ...

Richard Evans I just wanted to say it's amazing that you were able to save that kind of money, very impressive.