{"id":117368,"date":"2025-05-13T12:54:03","date_gmt":"2025-05-13T12:54:03","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/"},"modified":"2025-05-13T12:54:03","modified_gmt":"2025-05-13T12:54:03","slug":"how-to-buy-tenant-buildings","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/","title":{"rendered":"How to buy tenant buildings?"},"content":{"rendered":"<p>If you are considering investing in real estate, buying tenant buildings can be a lucrative opportunity. Tenant buildings, also known as rental properties, offer you the chance to generate passive income by leasing out space to tenants. However, the process of purchasing tenant buildings can be complex and requires thorough research and planning. To help you navigate this process, we have put together a step-by-step guide outlining the essential considerations when buying tenant buildings.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Understanding_Tenant_Buildings\" title=\"Understanding Tenant Buildings\">Understanding Tenant Buildings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_1_Determine_Your_Budget\" title=\"Step 1: Determine Your Budget\">Step 1: Determine Your Budget<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_2_Research_the_Market\" title=\"Step 2: Research the Market\">Step 2: Research the Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_3_Set_Your_Investment_Goals\" title=\"Step 3: Set Your Investment Goals\">Step 3: Set Your Investment Goals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_4_Assemble_a_Reliable_Real_Estate_Team\" title=\"Step 4: Assemble a Reliable Real Estate Team\">Step 4: Assemble a Reliable Real Estate Team<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_5_Obtain_Financing\" title=\"Step 5: Obtain Financing\">Step 5: Obtain Financing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_6_Evaluate_the_Property\" title=\"Step 6: Evaluate the Property\">Step 6: Evaluate the Property<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_7_Analyze_the_Financials\" title=\"Step 7: Analyze the Financials\">Step 7: Analyze the Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_8_Negotiate_the_Purchase\" title=\"Step 8: Negotiate the Purchase\">Step 8: Negotiate the Purchase<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_9_Conduct_a_Professional_Inspection\" title=\"Step 9: Conduct a Professional Inspection\">Step 9: Conduct a Professional Inspection<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_10_Secure_the_Necessary_Documents\" title=\"Step 10: Secure the Necessary Documents\">Step 10: Secure the Necessary Documents<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_11_Close_the_Deal\" title=\"Step 11: Close the Deal\">Step 11: Close the Deal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#Step_12_Manage_and_Grow_Your_Investment\" title=\"Step 12: Manage and Grow Your Investment\">Step 12: Manage and Grow Your Investment<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#1_Is_it_a_good_idea_to_invest_in_tenant_buildings\" title=\"1. Is it a good idea to invest in tenant buildings?\">1. Is it a good idea to invest in tenant buildings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#2_Can_I_use_a_mortgage_to_purchase_a_tenant_building\" title=\"2. Can I use a mortgage to purchase a tenant building?\">2. Can I use a mortgage to purchase a tenant building?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#3_What_are_the_risks_associated_with_tenant_buildings\" title=\"3. What are the risks associated with tenant buildings?\">3. What are the risks associated with tenant buildings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#4_How_can_I_estimate_the_rental_income_for_a_tenant_building\" title=\"4. How can I estimate the rental income for a tenant building?\">4. How can I estimate the rental income for a tenant building?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#5_Should_I_hire_a_property_management_company\" title=\"5. Should I hire a property management company?\">5. Should I hire a property management company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#6_How_can_I_attract_reliable_tenants\" title=\"6. How can I attract reliable tenants?\">6. How can I attract reliable tenants?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#7_Are_there_any_tax_benefits_to_owning_tenant_buildings\" title=\"7. Are there any tax benefits to owning tenant buildings?\">7. Are there any tax benefits to owning tenant buildings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#8_How_do_I_calculate_the_return_on_investment_ROI_for_a_tenant_building\" title=\"8. How do I calculate the return on investment (ROI) for a tenant building?\">8. How do I calculate the return on investment (ROI) for a tenant building?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#9_Can_I_buy_tenant_buildings_with_no_previous_real_estate_experience\" title=\"9. Can I buy tenant buildings with no previous real estate experience?\">9. Can I buy tenant buildings with no previous real estate experience?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#10_How_long_does_the_tenant_building_purchase_process_typically_take\" title=\"10. How long does the tenant building purchase process typically take?\">10. How long does the tenant building purchase process typically take?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#11_What_are_the_primary_property_management_responsibilities_for_tenant_buildings\" title=\"11. What are the primary property management responsibilities for tenant buildings?\">11. What are the primary property management responsibilities for tenant buildings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#12_Are_there_any_emerging_trends_in_the_tenant_building_market\" title=\"12. Are there any emerging trends in the tenant building market?\">12. Are there any emerging trends in the tenant building market?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Understanding_Tenant_Buildings\"><\/span>Understanding Tenant Buildings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before delving into the steps, let&#8217;s define tenant buildings. Tenant buildings refer to residential or commercial properties that landlords purchase solely for renting out to tenants. These properties vary in size and type, ranging from single-family homes to apartment complexes or commercial office spaces.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_1_Determine_Your_Budget\"><\/span>Step 1: Determine Your Budget<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first step in buying tenant buildings is to determine your budget. Analyze your financial situation, assess how much you can comfortably invest, and consider the potential financing options available to you.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_2_Research_the_Market\"><\/span>Step 2: Research the Market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Conduct thorough market research to identify areas with high rental demand and potential for future growth. Look for neighborhoods or cities with low vacancy rates and increasing property values, as this could indicate a profitable investment opportunity for tenant buildings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_3_Set_Your_Investment_Goals\"><\/span>Step 3: Set Your Investment Goals<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Define your investment goals and objectives. Determine the type of tenant building you want to purchase, the desired return on investment (ROI), and your long-term plans for the property.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_4_Assemble_a_Reliable_Real_Estate_Team\"><\/span>Step 4: Assemble a Reliable Real Estate Team<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Building a trustworthy real estate team is crucial when buying tenant buildings. Engage professionals such as real estate agents, lawyers, and accountants who specialize in commercial real estate to guide you through the buying process and ensure legal compliance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_5_Obtain_Financing\"><\/span>Step 5: Obtain Financing<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Explore different financing options, including traditional mortgages, commercial loans, or partnerships with investors. The right financing strategy will depend on your financial situation, investment goals, and the property&#8217;s potential profitability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_6_Evaluate_the_Property\"><\/span>Step 6: Evaluate the Property<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Once you have identified a potential tenant building, conduct a thorough property evaluation. Assess the property&#8217;s condition, such as the structural integrity, maintenance requirements, and any necessary renovations or repairs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_7_Analyze_the_Financials\"><\/span>Step 7: Analyze the Financials<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Examine the property&#8217;s financial records, including rental income, expenses, and tax information. Ensure the property&#8217;s cash flow aligns with your investment goals and conduct due diligence to verify the accuracy of the financials provided.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_8_Negotiate_the_Purchase\"><\/span>Step 8: Negotiate the Purchase<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Negotiate the purchase price and terms with the seller. Consider factors such as the property&#8217;s condition, market conditions, and potential for rental income when determining your offer.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_9_Conduct_a_Professional_Inspection\"><\/span>Step 9: Conduct a Professional Inspection<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To avoid any unforeseen surprises, hire a professional inspector to thoroughly examine the tenant building. This inspection will help identify any potential issues or hidden damages that may impact the property&#8217;s value or increase your expenses.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_10_Secure_the_Necessary_Documents\"><\/span>Step 10: Secure the Necessary Documents<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Obtain all the necessary legal documents, such as the purchase agreement, leases with existing tenants, and any permits or licenses required to operate the tenant building.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_11_Close_the_Deal\"><\/span>Step 11: Close the Deal<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Work with your real estate team to complete the necessary paperwork, finalize the financing, and transfer ownership of the tenant building. Ensure all legal requirements are met during the closing process.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Step_12_Manage_and_Grow_Your_Investment\"><\/span>Step 12: Manage and Grow Your Investment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>After acquiring the tenant building, focus on effective property management to ensure tenant satisfaction and maintain a steady rental income. Consider implementing a comprehensive marketing strategy and provide excellent service to attract and retain reliable tenants.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_Is_it_a_good_idea_to_invest_in_tenant_buildings\"><\/span>1. Is it a good idea to invest in tenant buildings?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nInvesting in tenant buildings can be a wise decision if you conduct thorough research, choose the right property, and manage it effectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Can_I_use_a_mortgage_to_purchase_a_tenant_building\"><\/span>2. Can I use a mortgage to purchase a tenant building?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, you can use a mortgage or explore other financing options available for commercial properties.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_What_are_the_risks_associated_with_tenant_buildings\"><\/span>3. What are the risks associated with tenant buildings?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nRisks include high vacancy rates, potential tenant default, property maintenance costs, and market fluctuations affecting property values and rental demand.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_can_I_estimate_the_rental_income_for_a_tenant_building\"><\/span>4. How can I estimate the rental income for a tenant building?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAnalyze comparable rental properties in the area and consider factors such as location, size, amenities, and market demand to estimate the rental income.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Should_I_hire_a_property_management_company\"><\/span>5. Should I hire a property management company?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt depends on your personal preferences and capability to manage the property. A property management company can handle tenant-related issues, maintenance, and rent collection.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_How_can_I_attract_reliable_tenants\"><\/span>6. How can I attract reliable tenants?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nOffer competitive rental rates, maintain the property well, advertise effectively, screen tenants thoroughly, and provide excellent customer service.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Are_there_any_tax_benefits_to_owning_tenant_buildings\"><\/span>7. Are there any tax benefits to owning tenant buildings?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, you may be eligible for tax deductions for expenses such as mortgage interest, property taxes, insurance, and maintenance costs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_How_do_I_calculate_the_return_on_investment_ROI_for_a_tenant_building\"><\/span>8. How do I calculate the return on investment (ROI) for a tenant building?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nROI is calculated by dividing the annual rental income by the total investment (purchase price, renovation costs, and other expenses), then multiplying by 100 to get a percentage.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Can_I_buy_tenant_buildings_with_no_previous_real_estate_experience\"><\/span>9. Can I buy tenant buildings with no previous real estate experience?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, but it is advisable to educate yourself, seek guidance from experts, and conduct thorough research before making any investments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_How_long_does_the_tenant_building_purchase_process_typically_take\"><\/span>10. How long does the tenant building purchase process typically take?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe duration varies depending on factors like the financing process, property evaluation, negotiation, and the complexity of legal procedures. It can take several weeks to a few months.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_What_are_the_primary_property_management_responsibilities_for_tenant_buildings\"><\/span>11. What are the primary property management responsibilities for tenant buildings?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nResponsibilities include tenant screening, lease agreements, rent collection, property maintenance and repairs, addressing tenant concerns, and ensuring legal compliance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Are_there_any_emerging_trends_in_the_tenant_building_market\"><\/span>12. Are there any emerging trends in the tenant building market?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nEmerging trends include eco-friendly and sustainable properties, co-living spaces, and incorporating smart technology for enhanced tenant experiences and energy efficiency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are considering investing in real estate, buying tenant buildings can be a lucrative opportunity. Tenant buildings, also known as rental properties, offer you the chance to generate passive income by leasing out space to tenants. However, the process of purchasing tenant buildings can be complex and requires thorough research and planning. To help &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How to buy tenant buildings?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-to-buy-tenant-buildings\/#more-117368\">Read more<span class=\"screen-reader-text\">How to buy tenant buildings?<\/span><\/a><\/p>\n","protected":false},"author":20,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-117368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to buy tenant buildings?<\/title>\n<meta name=\"description\" content=\"If you are considering investing in real estate, buying tenant buildings can be a lucrative opportunity. 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