Inherited Tenants....New lease immeadiately?

[Darek J.]

Hello all, 

I'm just about to close on a Triplex.  Would you suggest having the tenants imeadiatly sign a new month to month lease?  Or allow them to continue on their current month to month agreement with the intention of signing a new anual lease come this june?  

I will allow them to stay month to month in order to get their anual lease to line us with June/July.

Let me know what you think.