Eviction or cash for keys process in london ontario

[Gurlal Pannu]

Hello to everyone. So i am looking to gain some knowledge on evictions and cash for keys in London Ontario for a potential deal i may close on, a 6 unit building.

Building is in rough shape. Windows need to be changed . driveway redone. Probably roof not even sure how long the list is but thats how it is looking. Im trying to figure out my options are and what local investors in London have been doing. Tenants are paying ridiculously low rents. Rents are about 1500 for a 1 bed (updated unit) and they are paying about $700-750. So their is alot of upside to the turnover of tenants, and the benefit of getting all the much delayed renovations and updates done. 

I want to find solutions that are mutually beneficial don't want to create problems.  So what would be the steps you guys would take to get started with this process.