Talk to your tenant ahead of any action so they have no fear of what is happening. After all, it is your rental property but it's their home.
There are investors who would welcome the purchase of a property that has a tentant with a solid on-time pay history. If your tenant has been inconsistent or is behind, that will make it harder for you to sell w/ the tenant in place.
You will need the cooperation of your tenant to allow easy access to the property. Buyers need to to see it,a nd how easily that is achieved may depend upon the tenant. Gather you lease documents, review and consult an attny if you are unsure of the terms. Contact a few local Realtors and obtain their marketing plans and pricing opinions on the property.
We sell properties all the time w/ tenants in place. The Realtors just need to know the details, the terms, and the history of tenant. If you goal is to keep the tenant in place, do have that discussion w/ the tenant as a "for sale' sign can make a tenant a bit nervous about an unknown future.
As mentioned previously selling your investment while it is tenant occipied should not be an issue. I would like to apply for the job. Give me a call and we can set up a time to further discuss this opportunity.
Gregory S. Parker, Realtor
Coldwell Banker Realty Professionals
2924 Swede Road
East Norriton, PA 19401
Office 610-277-5000 Ext. 249