Landlords need to properly vet their new tenants and the tenants they are inheriting when purchasing new properties.

There would not be any new renovations on roofstock properties usually and you would also inherit a tenant so another part which makes it semi-turnkey.

Usually, inheriting a property after death is the best way to avoid tax.

Hi All,My Wife and I recently acquired our 1st rental property and inherited long term tenants along with the existing lease.

I've inherited two low income, elderly tenants. 

I am also looking for a non-QM loan that would be for an estate I inherited when my mom passed away. 

I understand why you would assume it is triple net since that is so common, but because I inherited this long time tenant and am inexperienced, it isn't triple net, consequently, I pay for property tax and insurance on the building.

We offered a little than market value for the Cashflow; inherited some things, while getting others square away before sale, overall we came out to the plus.

I have twice "flipped" a mobile home that I inherited from a tenant, and two other times have sold abandoned units that were in rough shape to flippers like yourself.1.

Having to evict an inherited tenant can be tricky... especially with the current eviction moratorium in place until the end of March (could possibly be extended as well), meaning those tenants can just sit and not pay for quite a while and it might be difficult and costly to finally get them out.