Buying a rental with current renter in place

[James Maher]

What do you do when you buy a property with a lease with 6 months remaining?  I have read over the lease and it's basically the exact same as what I would draft up.

Should we just tear it up and write a new one, since my company is not on the lease?  I have met the tenant 3 times and she has no intention of leaving anytime soon.  She is happy with the current terms and so am I.