Just like many of you, my preference when purchasing a new property is for it to be vacant, so that my property manager can vet quality tenants vs the roll-of-the-dice that comes with inherited tenants.That said, where I primarily invest—Detroit, MI—inherited tenants are pretty commonplace in 1 to 4-unit properties, and sometimes those deals are just too good to pass up. 

Most notable was closing costs if you use their preferred lenders. 

I think if you underwrite a little higher vacancy cost and maybe a little more difficult to re-sell as most people prefer more of a mix. 

I think for my purposes though, I'd prefer to have the tenant as helpful as possible with finding a replacement, so that I don't have to constantly be running and doing showings, etc.

(Listings from agents preferred in your opinion?)

At the time they were still processing the loss, and didn't want to interact with anyone more than necessary.

I prefer to buy and maybe do some minor rehab or none if possible.

Our goal for 2022 is to move into the MFH space (preferably a 4 unit or more), but need some ideas for funding, or rather the "push" to make us take the leap as I know there are a few options available to us.

So the way that I see it is that I prefer to pay someone $200-$500 to validate my price hypothesis. * I'm not asking for a specific person, as I know this is not allowed by the forum's rules.

Hello Daeun,Couple of options available and it comes down to what you prefer and what fits your situation.