Niqui Keen, a rental manager shares some insights into becoming a land lord. Some landlords sell their property when they are tired of chasing rent payments, so it can be a good idea to buy with a vacant possession. This gives you an opportunity to check the tenants history before taking them on board.
Ensuring the property is compliant will ensure less headaches if dealing with future tenant complaints. These days there is more of a focus on warm homes, insulation and heating should be budgeted for.
A property in a decent state can ensure a decent tenant.
