Tenants leasing agreement

[Pedro Echevarria]

Hi friends,

I’m planning on putting a offer on this multi family house & the first floor tenants are on a month to month lease. The rents around here average $800-$850 (Connecticut). They are currently paying $500 & I’m wondering how to go about with the new lease. What’s the nicest & efficient way of presenting an increase lease?

Very first time, so I’m learning the ropes!