Same units for sale and for lease on MLS?

[JayBee]

I'm noticing a lot of units for sale on MLS are also for lease. I've had 2 occasions where I was looking to put an offer on a place and was told that the unit was no longer vacant and if I wanted to purchase, I'd have to assume the tenant for a year.

This is all fine and good, you have the right to do whatever you want with your property. But if you plan on renting out the unit, why even bother putting it on the market?

Is this a new thing given market uncertainty or has this always been rather common?

 

[cdr108]

It's pretty common, but it's probably more evident now since there are so many units available that are not owner occupied.

These investors/flippers don't know if their unit will sell quickly in this economic/RE environment and have carrying costs to consider.

Hell, I don't even think the rents cover their carrying costs (mortgage, maintenance fees, property taxes, etc ...)