MORAL DILEMMA - EVICTING SENIOR CITIZENS

[Jimmy Rivera]

a question of morality.  i need to rehab my 4 unit but i've inherited 2 long term tenants (senior citizens).  there rents are way below market and i'm not sure how to ask them to leave.  one guy is in his 90's and the other in his 70's.  they are both on fixed incomes and the increase in rent will definitely shock them.  the building is in need of repair and i'm in need of a refinance soon after rehab.  any thoughts?