If you do buy with existing tenants, you might want to consider making sure they have been paying on time, have a formal WI Legal Blank lease and/or estoppel certificate completed so you know what type of tenant that you are inheriting.

I just stare in disbelief and think that this cannot be real life...

@Marc WinterI just checked out Scranton’s official government website and the development and projects page is completely blank.

I spent most of my life around the industry but never felt confident enough to take the plunge until I was staring at being retired in 15 years with only a modest 401k and whatever is left of social security.

@Mike Elaridi, I took @Michael Blank and @Rod Khleif courses.

For example, in 2023, we contacted the Jonesboro (Clayton County) office, and they told us point-blank that they would not entertain any reduction requests—no matter what evidence we provided.

Plus, you're right — it's cheaper and easier to touch up between tenants.Tenants also tend to see white as a blank canvas, which can make your unit feel more “move-in ready.”

Things like no charge offs, no bankruptcies, no accounts in collections, no accounts delinquent by ____ or more days (fill in the blank with 30, 60 or 90), no delinquent utility accounts, etc.But you have to be realistic in setting your criteria, the neighborhood demographics determine for the most part the characteristics of tenants that live in that neighborhood.

If the current 1-yr lease is not a WI Legal Blank lease but some generic form, then I would most definitely have the current owner have them sign your new WI LEGAL BLANK lease prior to closing. 

@Arman Ahmed Thank you Mr Ahmed I will try those tools and if you could send a sample analyzer that would be great I've been using the Michael Blank 10 Minute offer strategy to analyze deals thus far but I'm open to new ones