What to do if HVAC dies?

[Nolan Payne]

Hi BP! We just purchased our first rental property and the tenants just moved in a couple of days ago. The HVAC unit is original/very old and will likely stop working within the next year. However it still produces very cold air and works fine at the moment. We do have a home warranty which should help with repair or replacement but you know how those warranties go they try to do everything they can to not actually replace the entire unit and even if it needed replacement there would probably be a dollar limitation.

But my question is assuming it completely dies randomly... let’s say it would take two weeks to get a new unit ordered and installed. Obviously providing a property with heating and air is the landlords responsibility. So what would I do during those two weeks for my tenants? Pay for them to stay in a hotel which could really add up? Or go to Lowe’s and buy window units or portable units? 

Interested to hear your ideas and solutions in this scenario. Thanks again!