Legal Issues w/ Cash For Keys?

[Brian Volland]

I'm about to close on my first property which is a 4plex. The property is fully occupied right now but all the units need to be rehabbed and most of the tenants are on month-to-month. My plan is to get in to one of the units ASAP to get the rehab done and correct rents so I'll be serving a 30-day notice to vacate immediately after closing. I'd love to do cash for keys and get in that much sooner but I wanted to check and see if there are any local laws that would prevent me from doing so. 

So experienced AZ folks, is there anything anyone is aware of that would prevent me from approaching a tenant and giving them the option of the 30-day notice or cash for keys?