elderly tenants with fixed income in a potentially new property

[Stephen W Sparks]

I recently purchased a duplex with owner financing and the seller has 6 units (a quad and duplex) a few blocks away that she is considering selling me with a similar deal. The problem is that 3 of the tenants are elderly and on fixed incomes and the seller is concerned that they will need to move out when I take over and increase the rent. The current rent is well below the market avg and the property will have a CoC of about 15% with a conservative cashflow of approx $950 a month. They are currently paying 450-500 a month and I plan to increase it to $750/month. The seller is reluctant to sell if they have to move due to and increase. I'm looking for a creative way to work the deal so she will agree to sell. I am not opposed to traditional financing but I will most likely have the same problem. I would prefer owner financing for obvious reasons. Any help is appreciated.

Steve