Need to make in depth repairs at end of lease...

[Chris Shelton]

I own a duplex that I'm house hacking, making repairs in my unit and bringing it more up to date. My tenant's unit is very much so in need of some in depth repairs, one of them being the wood floors need to be re-finished...very badly. In order to do that the unit needs to be empty. Wondering if it would be worth taking the month or so hit (not renewing their lease) so I can live in my current side while working on the other unit and get it up to a more live-able standard? I hate the idea of it because they're pretty good tenants and would hate to see them go but in order to make the necessary repairs I don't see any other option. Thank you!

Cheers BP!

[Mike McCarthy]

@Chris Shelton If they are really good tenants, what about moving them into an extended stay hotel for a week? You’d pay for the week there, and maybe give them an extra $200 for their hassle and asking them to pack up the things that’ll be in the way. Then just hunker down and get all the work done in one week. You’ll have to determine if that’s financially worthwhile or not. And depending on the repairs/upgrades, will you be asking for increased rent.