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Not that we're buying this one, but the information is still interesting, so thanks for the replies. The agent said the tenant would need 90 days plus postage as notice to vacate - is that right? So, for argument's sake, if you were to buy this on a 60-day settlement, could you give him notice...

Hi, me again, with another noob question. In looking around at places for our first IP, I find quite a few that I believe to be rented at less than the market rate. If, for arguments sake, everything else stacks up and a person was to decide that that was the place for them, how do you go about...