Collect the operating details
Gather leases, rent amounts, security deposit records, and a description of utilities and responsibility for maintenance. Be clear about vacancy, payment issues, and any agreed changes to a lease.
Describe the condition honestly
A short list of known repair needs and completed improvements helps the evaluation. Include concerns in shared areas, exterior maintenance, and mechanical systems, not only the most recently updated unit.
Coordinate a respectful review
Plan access consistently with the lease and applicable requirements. A sale is not permission to bypass tenant rights. Discuss the transfer of rental documents, deposits, and any prorations with your closing professional.
Prepared by Xceptional Investments · Updated September 9, 2026. General information; your agreement and circumstances determine the transaction details.