As the residential real estate market has improved, many rental owners are considering selling their properties.  Several years ago, owner occupants decided to rent their homes when they could not find a buyer or net enough from the sale to pay the mortgage.  Some rental owners are now deciding it is time to try to sell the home again.   This time they’re trying to figure out how to sell a tenant occupied home. 

The simple solution is to wait until a lease has ended before putting the property on the market.  Many rental owners need the rental income to pay the mortgage on the property.  There are also tenant-rights protections that limit the options an owner has to remove a lease-abiding tenant.  Finding a way to sell a tenant occupied home may be the right path for the rental owner.