To renew or not renew.

[James Baker]

I am closing on a duplex coming in June.  One of the units' leases is up on July 1st.  I know nothing about the current tenant at this time because we are in the beginning phase of purchasing.  Listening to the podcasts and reading some forums,  I get the feeling that it is better to just start fresh and not to inherit tenants.  What do you subject matter experts think?  Renew or let go?   Any info is greatly appreciated.  Thanks in advance.

[John Underwood]

@James Baker They are already there, why not give them a chance before assuming they are not great tenants?

If they turn out to not be the model tenants then you can decide to get rid of them.