Tenants rehabbing your property....... good idea?

[Sergio Martinez]

Hello BP friends,

I hope you’re all stay safe during these times.

I was looking forward for these messy tenants to move out this past March right before the pandemic hit. They lost their jobs, couldn’t move to their next place and well you know the rest of the story. …Here we are in mid-May and they told me they just got their jobs back. It’s been a struggle for them all along, they currently owe me over $6K in back rent which will be deferred for who knows how long. They definitely want to stay for another year which I might consider especially because I know they’ll never pay me what is owed plus have enough savings/ deposit money for their next place.

My plan was to renovate the kitchen and bath after they left to get more rent. My question is do you think it’s a good idea to allow them to do the rehab being the husband is handy to make up for the back rent so that they can catch up? I would provide materials of course. Sorry I hope this is not too confusing.

Thank you.