The plus side to higher rates is that many large investors will move out or lessen their invesmtents in Real Estate and back into more traditional securities.

I good friend of mine referred me to his cousin who just inherited a condo from her dad who just past away.

If one inherits tenants from a previous owner, is there a limit to what is defined as a lease.

Unless you have inherited tenants, it's unlikely you are getting any income during the first "R" of BRRRR.  

You'd hate to purchase a piece of land just to find that there is a large debt on it that you just inherited! 

I am in a terrible spot due to rent control and inherited low rents.

Zana Blue they were inherited tenants.Trent Currie what is RUBS?

If one of the neighbors inherited the property and never looked at a Title on the property and "it's always been this way", you could find your self trying to explain the boundaries to someone. 

Hi @Stephen Wiater - conventional loans have a six month seasoning period before you can refinance (except in some circumstances, such as you inherited the property, etc.)

But it did not, or maybe, have not happen just yet ;)) because It happened to my friend's property; and he didn't even plan for it, pure luck, but that's how things happen sometimes.Everything was working fine, had a good tenant that I inherited from the seller, payment covered all my households expenses almost, so my 5-6K net monthly salary was playing money basically, and I did play ;')).