Do the following to create a lease log file and add it to the DHCP server configuration file. This file keeps a record of all the leases issued by the DHCP server.
Added lease-file-name "/var/lib/dhcp/dhcp.leases" to /etc/dhcp.conf
And to get it to start at boot time: (Figured this out with a little common sense as it was missing
# Start DHCP daemon
if [ -x /etc/rc.d/rc.dhcpd ]; then