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Updated about 7 years ago, 11/09/2017
new property eviction
I am looking at a 2 family property that has a lot of potential in a good area. Both units are rented and need some work. Both tenants are on a month to month agreement with the current owner. If I buy this property and there is no lease how easy/difficult would it be to either drastically change rent or evict? The rents are way under market value and tenants have been there for 14 yrs and 3 yrs.