Estoppel Agreement - Need some ADVICE!

[Darren Berg]

I am buying a duplex that is 1/2 rented. For the unit that is rented I am giving them an estoppel agreement. My question: In the original lease it states to make payments via check or money order to the Property management office. Once I take ownership, I will be self-managing. 

Can I include where to make the new payments on the estoppel? I want to be covered when closing on this property. Any help is appreciated!

[Nathan Gesner]

Quote from @Darren Berg:

The estoppel is a form filled out by the tenant, then confirmed by the Landlord, then accepted by the Buyer. It's supposed to ensure there are no surprises after closing. For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was actually $2,000 because they paid the last month's rent. How will you know? An estoppel certificate fixes this problem.

What you want is a Landlord introduction letter. This letter introduces you as the new owner. I include written instructions for payment, reporting maintenance, and how the tenant can communicate with me. I like to hand-deliver it and set an appointment for my first inspection so I can start documenting the condition of the rental from that point forward. It's also an opportunity to get to know each other, identify maintenance needs, or answer questions.