New MHP Owner - What do you require of tenants?

[Trish Dobbs]

Just closed on a MHP and looking for advice from those with experience in taking over a park.  I've read in the forum some suggestions for the folks who currently pay cash, but my next question is how many of you have tenants sign leases?  Ours our currently month-to-month with little turnover.  Also, do you have them sign any agreement about park rules, expectations, etc.?  Curious what information you collect for current or new tenants?