Tenants in place, no lease. Leave them or send them?

[Beverly Gutman]

Hi all! @David Greene @Todd Powell How would you deal with this? We recently bought a three family house with tenants in place, all paying way below market rent. (about 1/2 or less than...) The house needs considerable repair and updating.  Is there any way to up the rent to market levels without getting rid of tenants living there for over 25 years?