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?