Looking to owner occupy fully rented 3 unit

[Arthur Banks]

I'm looking at a fully rented 3 unit. The tenants are all on M2M (month to month) leases with rents that I believe are below market.

My issue: I'm looking to restart investment career by owner occupying to avoid that big chunk of down payment. Let's say for the sake of conversation the numbers work, my questions are:

1) How would I handle one of the current tenants? I imagine I would want to relocate the most unfavorable. How would I know that at this point, was my next question to myself.

2) Would I just say "Hey, you time is up, you've got to go."? (Obviously not like that)

3) Would I want to help relocate them? (the nice guy in me creeps up some times)

4) How would I go about raising the rents?

I had more questions when I woke at 5am this morning thinking about it, but I've forgotten some during my slumber. I'm sure I'll remember the rest later.

Thanks in advance.