Next Steps following a close on an occupied rental

[Matthew Pritchett]

Hopefully it's not too late, but I'm closing on a fourplex today. It's 3/4 occupied and I'm not sure if I need to have rental agreements for the tenants in place today or tomorrow. We have house rules that we give to all our tenants, but we've never purchased with an occupancy, we've always found the tenant and put them on a lease. What do I need to do...or what's the best idea in transitioning the tenants as a landlord?