Doing a BRRR but need inherited tenant to leave . . .

[Mitch B.]

I just closed on SFR ( based in TX ) that has an existing tenant ( 15 months ) on a M2M lease. Current rent rate is only 60% of mkt due to condition of house. The plan is to do the rehab & market the house at the going rate. The tenant was informed by the former landlord the property was going to be sold with a high likelihood they would be asked to leave.

I have not communicated with the tenant yet. My question is what wording do I use in my letter to the tenant informing them of their 30 day notice to leave the property? Is it a letter of non-renewal or something equivalent? Looking for some phraseology or sample doc.

BTW - the house is in major need of rehab, new roof, new sheetrock, foundation, etc... so this isn't a question whether to keep the tenant at the lower rate vs. loosing income due to turnover. This is a BRRR play but I can't get to the "RRR" part until the tenant leaves.

Thanks in advance.