House Hacking a Unit with TAW

[Matthew Ryan]

Hey guys,

I tried to search this topic a bit, but didn't really come up with what I was looking for.

In my search for a house hacking property, I have found a lot of currently occupied homes.  I'm talking everything from all units rented, one open unit and others rented, tenants at will, long term tenants, you name it. I see a lot of "tenants at will and would love to stay"

My question is basically this example. 

2 family unit

Ad says: both units currently rented to long term tenants who are TAW

Question: If you were trying to house hack, with or without renovations needed, how would you approach the situation? Pass it up? Ask one to move out?  Whoever doesn't like the lease/ price can move out? What if they don't want to move?

Is it just too sticky of a situation to deal with?

I guess the same question could be applied to taking over a house that has an open unit and a current tenant, at will or under lease.  How would you approach that?

Using FHA I believe I need to live in the house, so just picking it up for instant cash flow isn't an option.

Thanks for your input REI pros!