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Is it better to buy rental with existing tenants?

In this video, I will review whether it is always time to celebrate when you learn that the property that you are interested in as a rental has a tenant. Well, the answer is “it depends.” It is true that there are advantages to buying a property with existing tenants.

[0:57] Some advantages of buying with existing tenants
[2:10] How it may be worth it end leases for tenants paying below-market rent
[3:10] How inheriting tenants approved with lax screening criteria cause headaches
[4:45] Challenge of completing repairs with tenants living in a property
[6:24] Devil you know is not always better
[7:00] Honoring leases

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