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Updated over 8 years ago,
Buying my first rental with existing tenants
I am currently in the process of buying a 3 unit rental in the Buffalo New York area. All three units are currently rented. One unit the tenant has only been there for 3 months and is currently under a 1 year lease. But the other 2 units the tenants have been there over a year and are now on a month to month term. After the purchase can I have the month to month tenants sign a 1 year lease?