Man, why are we still awake. LOL...
How live is it? Meaning, how long has it been out of the originating water, or what has it been through since it's origination? Reason for me asking is that will determine how much dead material now resides on your live rock... The longer truly live rock is out of water, the more stuff dies on it... Was it shipped to you, or did it go straight from one tank to yours?
Some will say bleach it, and start over, some will say throw it in, and monitor your water for a cycle.