Raising Rent on Inherited Tenants

[Kelvin J.]

If I purchase an occupied property but their current rent is below market is there a correct way to raise the rent on the inherited tenant to get up to market and increase my cashflow without overt risk to occupancy? I suspect there isn't a one size fits all answer here but I am curious what thoughts or strategies you folks have had in these situations. I don't have a specific scenario in mind and this isn't something I am currently going through. Purely hypothetical.