Selling a Rental Property With Tenants in Arizona
Selling a rental property with tenants presents unique challenges. Here's how to navigate the process and get the best outcome.
Understanding Tenant Rights in Arizona
Month-to-Month Tenants
Require 30 days written notice to vacate
Notice must be delivered properly
Tenant must vacate before closing (if required)
Lease Tenants
Lease survives the sale
New owner becomes the landlord
Tenant has right to stay until lease expires
Security deposit transfers to new owner
Your Options for Selling
Option 1: Wait for Lease to Expire
Give proper non-renewal notice
Sell vacant (higher price typically)
Timeline: Could be months
Option 2: Cash for Keys
Offer tenant money to leave early
Common amounts: $1,000-$3,000
Get agreement in writing
Faster than eviction
Option 3: Sell With Tenants in Place
Investor buyers often prefer occupied properties
Less appealing to traditional buyers
May sell for less but faster
Option 4: Eviction
Only if tenant violates lease
Takes 30-60 days minimum
Costly and stressful
Last resort
Challenges of Selling Occupied Rentals
Showings Are Difficult
Must give 48-hour notice in Arizona
Tenant may not cooperate
Home may not show well
Buyer Pool is Limited
Owner-occupants can't move in immediately
Investors scrutinize rent rolls and lease terms
FHA/VA buyers often excluded
Tenant Behavior is Unpredictable
Some tenants sabotage showings
Property may not be maintained
Lease terms may be below market
Why Landlords Choose Cash Buyers
We buy rental properties with tenants all the time:
One showing - We assess the property once
Keep tenants in place - We take over as landlord
No repairs - We buy as-is
Fast closing - 7-14 days
No games - We're professionals
Bad Tenant Situations
Dealing with nightmare tenants?
Non-paying tenants Lease violators Property damage Illegal activity
We buy these properties too. You don't have to solve the problem before selling - we'll handle it.
Get Your Cash Offer
Tired of being a landlord? Get a fair cash offer for your rental property - tenants and all. No cleaning, no repairs, no evictions required.