I got a good deal because most people wouldn't want to, or couldn't deal with the mess & the occupants, but it didn't bother me.

OCCUPANCY: Tenant/Buyer [ ] shall, [ ] shall not, have the right to occupancy before the property is repaired and habitable according to local housing and building codes.3.

You have the seller sign an estoppel stating that there is no lease and what rent, if any, the occupant is paying.

They will do all the heavy lifting to start and you just have to do the final qualification.If you do go for a sale then I would think that with the upgrades you mentioned you will probably get the best price going for an owner occupant.

You essentially need to do a simple business case analysis before you move forward with any condo purchase that would be short term owner occupant, and long term rental.

No one ever mentions the occupants in the homes and what happens to them if the wholesaler is or isn't able to sell the house.Wholesalers usually double close to keep their profits confidential.

hey guys, Am buying this 3br with a six year tenant occupant with cash for $34000 and renting for 600 a month.

The first 5 days following a price reduction the property is available to owner occupants only.

 * In the city I'm in you have to get (or transfer from previous owner) a Certificate of Occupancy.  

The Residetial lending side handles mostly owner occupant (O/O) loans and follows the Fannie Mae/Freddie Mac underwriting.