Buy to rent?

26 Round Hill Road, listed for $3.495 million, closed today for $3.585 million, sold to San Francisco refugees. Curiously, although the Californians’ sale contract has been pending since mid-November, the house was rented to another couple, New Yorkers, pre-closing, on February 2nd for a tenancy through June 30, total rent $55,917. We’ll asume that the new owners were aware of this developmment before they forked over their purchase money this morning. After all, that’s what pre-closing walk-throughs are for.