Rehab around current tenants???

[Jason McVey]

Hey guys,

I am purchasing a lot with two 1bedroom 1bath houses. The current tenants pay monthly $450 with no formal contract.

My endgame is to come in and renovate both houses, and then brrrr/refi out of it.

Should I try to renovate around the current tenants, if they would like to stay for the new higher Rent?

Or just give them notice that I’m not renewing their month to month, and start fresh?