Posted by Jimmy on August 15, 2007 at 06:43:25:
I buy East TX multi fams all the time. Generally speaking, I prefer to have tenants in place. But there are others here who never want to buy tenants in place. I get enough vacancy anyway, I prefer not to inherit it. and some of my besyt tenants have been inherited.
with that said, if I want to immediately start a rehab, I will want the place to be vacant.