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Inheriting Existing Tenants
Hi everyone! Brand new to BP. We are in contract on a property that has 2 houses: a 3 bed 1 bath "main house" next to a 1 bed 1 bath "apartment" which both have existing tenants. We close on July 1 and have sent a message to each tenant (through our Realtor) about the rental amount we are asking as well as an application for them to fill out if they are interested in staying. I am curious to know what the traps are for keeping an existing tenant in place, if any. We will screen them the same as we have our other tenants and ask for a security deposit. What should be at the forefront of our minds? Thanks!