First Rental Question!
Hi Everyone,
Ove the weekend I made my first rental purchase of a multi-family and have a question. The bottom unit is rented and will stay and the top (owner used to occupy, now empty) the owner agreed to let us get a tenant in there before we close on the property. If the owner agreed to this and it is about 45 days from closing, is the liability of that tenant on me at this point and if so what can I do until I have HOI on the property? I do have a 1 million dollar umbrella with Gieco at the moment.