Rookie Rehab Dilemma 2-Family

[Justi Moor]

Hi BP! I just bought a duplex fully occupied and the tenants are paying; but well below market rent at $1000 and $800 for 4-bedroom units. Both units need a new kitchen and bathroom. I have decided to renovate one unit at a time. 

I originally decided to evict the tenant paying $800, first, because they are paying less and there is a minor water leak that is very hard to access currently. But the dilemma is that they are elderly hoarders so the eviction process will likely take a lot longer than it would for the other tenant, the renovation will be more significant and more costly. My idea was to renovate one unit and create cash flow through Airbnb, then renovate the 2nd unit.