Cash buyers offer sellers financial peace of mind, a speedy-quick closing process, and less paperwork.

If you submeter the building for utilities then you essentially become your tenants utility company.

Plus if you buy a house right away and want to leave after 3 years you may not have enough equity to cover realtor fees when selling especially if we don't see as much home appreciation over the next few years like we've become accustomed to.Yes, paying rent pays someone else's mortgage down, but your essentially paying for flexibility.

Is there any special paperwork for that?

The smart money(whatever that means) was flowing into BREIT at a breakneck pace of about $3 billion per month, essentially forcing BREIT(which I believe paid/continues to pay about a 4% yield on invested funds) to buy commercial properties hand over fist.

We took over the lease from previous owner with all paperwork from landlord.

I am seeking advice and direction on all of the relevant CYA paperwork I need to provide tenants including disclosures and lease agreements.

I like to review the whole picture, example not a strong credit score, I then review the history on the report and can see what chess playing financial moves they had to do, (school system does not train us to master budgets, credit cards, etc, it is learned in the school of life) reviewing the history report you can see which bill account they made priority and which ones they didn't, and if they decided to not pay or skip few payments on non-essential accounts, that's okay with me.

You will essentially be the bank so you should get comfortable with this guy you’re going to lend to.

Something to understand, not fear.At the time of sale, the IRA is essentially just reallocating from holding real property to holding cash.