Any tips for purchasing a home with a tenant in place

[Sean Lesser]

Hoping to get advice, I found a home where the margins work but the house is currently rented at lower rate until July. What are the pitfalls and or things to pay attention to in these types of deals? House is in decent shape today.

[Bob B.]

5 months of under water rent will be how much $.  I'd bet it's not much and if it's a good deal, then take it and live with it until July.  You're fortunate, too at last find a deal that the numbers work.