Info you are able to request while analyzing a property

[Trevor Dominique]

Hello,

I am a college student hoping to do my first deal here soon. 

I have one duplex that I really like. Both units are currently rented with one unit on a two year lease with the other on a month-to-month rental agreement. I have the cash ready to buy and want to make things happen quick.

My question is, what info can I legally request from the seller before submitting an offer (ex. copies of current lease, etc.)? What are some questions or other info I should definitely be asking of the current seller? I currently was able to discover his motive for selling (moved out of the area) as well as the current lease situation as I said above. 

I'd appreciate the help!

[Trevor Dominique]

@Michael DeVowe Yes I am certain about the numbers. (Cash flows around $160 factoring including loan payment, insurance, property taxes, 5% vacancy expense, and 15% of rent for CapEx and Repairs. When we viewed the properties, it was clear the tenants kept the place clean and in good shape.

Thanks for the potential questions. Want to be sure I communicate everything necessary with my agent before making an offer.