If that is the case, it may be your responsibility to give the tenant notice and the relocation fees would come out of your pocket.  

That way people are already thinking of how they would answer your question before they even read the post, and you'll get more clicks and more responses.

He briefly mentioned the Right to Show Clause: that the buyer reserves the right to show property prior to settlement for purpose of selling, renting or leasing, and the seller agrees to permit access to buyer at anytime up to date of settlement.If anybody has any experience with this, I would love to pick your brain and learn how I can utilize it.Thanks!

If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.

I appreciate your response and will be in touch :)

Hello @Chris Lounsbury, I will be moving to DC after graduation but I'm not tied to any particular geography for investment purposes, as of yet.

You may also consider a clause in your lease saying that you pay the water bill up to XX gallons per month and the tenant is responsible for reimbursing you for any costs above and beyond that usage.

Thanks so much for your response. :)

Thank you for all your responses!

Curious to hear responses on this, as it is a question I am debating too, before beginning to invest in the Columbus area.A nice rule of thumb I heard is that worse areas tend to have better cash flow potential but lower appreciation potential.