Yes, caps are compressed so if you’re buying a 100 unit multi fam in Austin TX or some big box NNN with a 2 year remaining lease term, maybe not the time.  

Those that ask more typically have much longer periods of vacancy between renters, and often do not have renters renew their lease.

If so, what did your leases state, if anything about a situation where the landlord could not supply the unit to the tenant?

@Lukas Lease welcome to BP!

I am not a fan of lease backs at all .  

Also interested in lease opts.

Usually for these sellers it means nothing and that they did the cheapest crap possible with some carpet replacement, paint, and new knobs and maybe some fixtures if your lucky.I could care less about such items.

It's currently leased at $1500 and will be listed at $200k. 

What do you mean I owe money for breaking the lease?"

It was the “90 Day Challenge” episode titled: “How to Buy Your First (or Next) Rental Property by the End of the Year.”For example in the sections regarding checking a property out they talked about due diligence items like calling utility companies to check for outstanding debts or checking the property for liens.I plan on working closely off of this episode but I figured I should check the forums first to see if anyone has seen an existing checklist like this anywhere that I could build upon?