Re: buying house that already has renters - Landlord Forum thread 348519

Re: buying house that already has renters by Anonymous on September 24, 2016 @17:30

ask the sellers why the sec. deposit is less than the rent (is it in the lease or were the tenants trying to pay the sec. deposit off gradually...) then, depending on what the lease says, try to get the rest of the sec deposit from them.
Get the move-in condition check list from the seller and if they don't have one, make them sign a statement as to the condition of the house...age of carpeting, appliances, etc when current tenant moved in. I did not do this when I bought a multi unit and I regret it because I tried to get the T's to pay for damages they claimed were there when they moved in. I had no recourse.

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