How Do I Remove Tenants with Cash For Keys

[Cheng Bin Zhang]

Hi All,

I'm looking at a multifamily deal where the tenants have been identified as extremely difficult and have eviction support from the local non-profit.  I'm thinking about approaching them to buy them out of their lease and perhaps even help them find suitable housing.  Are there recommendations on how much I should pay for their keys?  Any other strategies I should be aware of?  Should I execute a right of first refusal before any further work?

Thanks,

Cheng