Slow Paying tenants - thinking about just selling the place.

[Duane Gunkler]

I have a 2BR/2.5BA townhouse that I have had the same tenants in for a little over two years.  They've been late on the rent forever, and have slowly been slipping further and further behind.  I am just not seeing any progress toward getting caught up so my options are to terminate them living there (they're on month-to-month now because I did not resign another lease) or I am considering selling the townhouse to be done with them and free up the equity.  Curious to hear some thoughts input from the hive mind?  I bought the townhouse in June 2019 for $158k.  It is worth approximately $250k - $260k (Zillow at $262k).  Rent is currently at $1725/mo.  Thoughts?

[Colleen F.]

@Duane Gunkler  Give a notice to quit as of x date per your state law.  Confirm they will be gone. Concurrently file for eviction.  Don't play with it. They won't catch up and they won't pay no matter what they promise.