There’s no lease agreement at this point, it’s just month-to-month. Since the mortgage is payed off, my mom is cash flow positive with what the tenants are paying. There’s also the possibility that we may want to move into the place at some point next year. If so, maybe it would make sense to lower their rent and let them stay until we’re ready to make the move?
Thanks for all the advice! I’ll talk it over with my family.