Tenant Displacement for Rehab
Happy Sunday and holiday season all! I've got a duplex under contract with tenants who are paying WAY below market rent. The plan is to rehab one side at time to mitigate costs. One side is on a month-to-month and the other side is on a 1-year lease that expires in April. Is it a better option to stick with the current management to help displace the tenants or let my new management company take the reins? (I switched management at the beginning of the month for my other property and haven't established a strong working relationship with them yet.) Also, if anyone has any tips or anecdotes on displacing a tenant still under contract, I'd love to hear it. Thank you in advance for the help!