The previous owners had inherited the property and realized they were in over their heads managing the apartments.

The previous owners had inherited the property and realized they were in over their heads managing the apartments.Long term goal is buy and hold for cashflow.

I purchased a duplex and inherited a tenant that was paying well below market prices.

One by the county for unpaid sewage, bankruptcy, and the city was shutting off his electricity and boarding the place up because he inherited the house a year ago when his mother passed and never started probate.

Pre-screening can lessen the number of unqualified applicants and lessen this issue, but when a landlord decides their process they usually choose whether to pre-screen or not based on their own needs and saving their own time and effort not for the benefit of the tenant/applicant.

There are currently tenants I inherited who pay about 1/2 the current market rent.

The step-up cost basis resets the cap gains starting point to the value of the property when the heirs inherit it versus its original purchase price.

I’m going to be house hacking a duplex with 1 inherited tenant on a month to month lease.

Your new 30 year will #1 ) be for less than your original mortgage so payment will be less in amortized monthly payment #2) your payment will be redistributed to 30 years over which - again - lessens your payment.9. 

However, I have savings and an inheritance I can use ,but I am not trying use all of my funds.