Nashville, TN - Single family & duplex rental properties
Hey guys,
I've been scoping out some duplex properties and I've finally found one I'd like to purchase. My realtor tells me it's occupied on both sides (my understanding is that they both have a year lease). He suggests I buy the property, pick a side I like, review the leases, and give one tenant a 30 day notice to vacate.
1) Is this legal??? I have no idea when their leases end, but it seems they'd have to honor the current lease, or at least have the right to stay till the end of the lease. (Unless the lease becomes void if the owner sells the property)?
2) If it is legal, is there some moral line I'm crossing?? I realize it's a business and an investment, but has anybody had the awkward/unpleasant experience of kicking someone out before moving in??
New to all of this.. I know people do it everyday but it seems like kind of a low blow.
Thanks BP !