Found Rental Property-now what
My hat is off to all of you and your help. I have been able to put together some sense of the insanity of buying investment property. I have survived phase 1 :D I got my offer accepted for a nice duplex in the Dallas area that acctually has a +C/F. Long term tenents. 1 year old roof.
Very good condition. Decent neighborhood.
Did I do it right? I'll let you know in 6 months.
What is the best way to make the transfer as transparent as possable to the tennents. Or any suggestion on the best way to handle the tennents at and before closing?
Should I have the tenents re-sign a lease? Among other things.