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No Hot Water for Tenants

What should I or do I need to offer if tenants will go without hotwater for two days?

Offer what?
Why?   It only takes a couple of hours to change out a hot water heater.  First you explain the situation to them they might be fine with it and not expect anything.  If they give push back or a are upset you could offer to put them in a hotel for the night, or prorate a day of rent off their rent or maybe just offer $100 for their inconvenience.
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