Tips for inheriting tenants

[Daniel Dube]

Hey team,

I close on a 10 family on Friday. This is my first purchase. Every unit is filled and they have all been there for some time. Only a couple of them have current leases though. My question is should I have all the tenants who are month-to-month fill out new applications and send them through the whole process, or just sign new leases and let sleeping dogs lie? 

Thanks Team