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Reply to "“DO NOT DISTURB TENANTS”…what’s up with this listing?"
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[quote=Anonymous]it seems risky to buy a house (despite being sight unseen) and then have to wait a year to be able to do anything with it. If you borrowed money to buy it I'm guessing the interest and taxes would exceed what the rent is considering the condition of the house. And you couldn't even get into the house to measure or start planning for a reno/ remodel. The only thing that would make sense if it was a teardown - the plans for a building permit could be started right after closing and be ready for when the tenant moves out. I'd love to know more details about this listing![/quote]
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