new lease, addendum, or continue with old lease

[Cameron Pendergraft]

Hello Everyone,

My wife and I have recently purchased a SFR property in the Waldo area of Kansas City from a bankruptcy auction. The property had been a rental before we purchased it and the current tenants are six months into a year lease. As far as retaining the current tenants, should we:

A) finish out the tenants' lease which had been signed with the previous landlord and change nothing?

B) add an addendum to the old lease stating we are the new landlords and will uphold the obligations of the old lease?

C) sign a completely new lease with the exact same terms and remaining months of the old lease?

Any advice is greatly appreciated and if there is a better solution that what we're contemplating, we'd love to hear it.

Thank you,

Cameron