What happens if a tenant defaults on a lease option?

Hey Reddit! I’m an investment newbie, so apologies if this is a stupid question. That outta the way, I’m looking at a potential off market deal where the seller has a lease option with a tenant that has defaulted. What are some things I should look out for/be aware of before proceeding?

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Hey Reddit! I’m an investment newbie, so apologies if this is a stupid question. That outta the way, I’m looking at a potential off market deal where the seller has a lease option with a tenant that has defaulted. What are some things I should look out for/be aware of before proceeding? submitted by /u/bibbidyboopity [link] [comments]

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