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Updated over 2 years ago,
What to do with tenants during major renovation?
I recently purchased an apartment complex with 7 buildings and 16 units. These units requiring extensive renovation, due to many years of maintenance neglect. 6 of the units are occupied with tenants. These tenants are not under a lease and paying month to month. Should I ask the tenants to vacate the units, while the complex undergo a major renovation? Your recommendation/response is greatly appreciated.