Buying multi-unit property with tenant in place

[Jason Skinner]

I am a newer investor in Michigan, I have an accepted offer on a duplex. There is a tenant living in one of the units and currently renting on a month to month basis. What is your process when you acquire an asset with tenants in place as far as background checks and anything else you would do?

[Michael Smythe]

@Andrew Freed the tenant has no contractual obligation to sign it and any attorney they hire would advise them NOT to sign it. 

Then what are you going to do?