Updated over 4 years ago on . Most recent reply
Inhertited Tenants; What to Expect?
I recently purchased a duplex that has both units currently occupied. One of the unit's lease ends before I close, as I plan to house hack this property (my first rental property). The other unit's lease will not end for couple months after I take over. Obviously, the lease is one of my main focuses at the moment. I'm scheduled to meet with an attorney to review and revise the current lease according to my specifications (Like the tenants paying utilities). Is there anything else I should investigate, prepare for, or watch out for in regards to inherited tenants? Thank you for all the insight/advice in advance!