Buying a house or apartment with tenants
Although it may seem surprising, buying a house with tenants is becoming increasingly popular. The situation often arises where we buy a property and the owners wish to keep living there until they find a new home; or someone may sell their home but continue to live in it; or perhaps what we want is to buy a property as an investment (i.e. to rent), and we just so happen to find one that already comes with a tenant.
This kind of arrangement is often beneficial for the buyer, who will have to wait for the rental agreement to run its course, but in the meantime will receive the rent.
And if we buy a property to rent it out, we minimise the risk of default, as we will be earning rent from the outset and will therefore be paying off our initial investment, as we will not have to refurbish the property before renting it out.
Meanwhile, it makes no difference for the tenant moving from one landlord to another, as long as they retain their rights under the contract.