First property questions

[Daniel Knichel]

Hello,

I am definitely super new however i like checklists for everything cause they provoke thought and build better procedures. As i was building my list there were a few questions that came up that the BP community can help with.

1. Am I allowed to request a current renters contract. Just to ensure the owner is not lying about thing or doing thing improperly?

2. At what point am I allowed to contact the the tenant to make sure I'm not going to have to evict them?

3. I have heard of the Due diligence period. How long is this? does it have to be agreed upon? What are the terms if you find something you don't like can you just walk away?

4. Will a real estate agent give me comps to see what the ARV is?

Sorry if these questions are basic.