Your options as a landlord
You can hire a property manager, wait for leases to end and list the home vacant, sell to another investor with tenants in place, or sell directly as-is. Vacant, updated homes often sell for more to owner-occupants. Occupied homes or homes that need turnover work tend to fit an investor buyer better.
Tenants and Arizona law
Arizona’s Residential Landlord and Tenant Act covers most residential leases. In general, a sale does not cancel an existing lease, and the buyer takes over the lease and the tenant’s security deposit. You must still give proper notice before entering the home for showings or inspections. If you have tenant problems, an Arizona landlord-tenant attorney can explain your options.
A realistic timeline
Because we can buy with tenants in place, you don’t have to wait for a lease to end or a unit to be turned. We usually need one walkthrough with proper notice to the tenant.
Documents that help
Current leases, a rent roll or payment history, security deposit amounts, any notices you’ve served, the mortgage statement, and HOA or rental registration information if your city requires it.
How a cash sale of a rental works
We review the leases and the property, make a written offer, and open escrow with a local title company. At closing, rents and deposits are prorated and the lease transfers to us. You don’t need to evict anyone, make turnover repairs, or stage the home.
When a cash sale may not be your best fit
If your rental is in great shape, rented at market rent with a strong tenant, another investor on the open market may pay more. If you just want relief from day-to-day management, a good property manager might solve the problem without selling.
Common questions
Can I sell my rental if the tenant is behind on rent?
Yes. We regularly look at homes with tenants who are behind. Share what’s going on and we’ll factor it into the offer.
Do I need to evict the tenant before selling?
No. A buyer like us can take over the lease. Whether an eviction makes sense is a separate decision to discuss with an attorney.
What happens to the security deposit?
It’s typically transferred to the buyer at closing so the tenant’s deposit stays protected.
This page is general information, not legal, tax or financial advice. USA Home Help LLC is a real estate investment company, not a law firm or a licensed real estate brokerage. Talk to an Arizona attorney, tax professional or HUD-approved housing counselor about your specific situation.