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Updated over 2 years ago,

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9
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Kim Abney
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9
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What to do with tenants during major renovation?

Kim Abney
Posted

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.

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