I'd like to know if they are degreed in areas of finance, continued education and any certifications...

Sounds like you already closed, so for the next time you should have an estoppel certificate completed by each of the existing tenants; with that, you can establish conditions of the premises at move-in (along with lots of other things) - especially important if the seller does not have such records (hobbyist landlords and mom-n-pop landlords don't always use good paperwork and practices).Now, what do you do in your present situation?

I've got a binder where I keep all company related infrastructure - Certificate of Formation, Registered Agent, Operating Agreement, Meeting Minutes, Business Plan, etc.

Closest thing for 1-2 families is a certificate of occupancy and that's only when the ownership changes hands.

What happens if the city comes in to do a certificate of occupancy inspection and says the basement kitchen and bedrooms must go like they do here in NJ?

Kevin Barker, in addition to the lease itself, you might consider getting a Tenant Estoppel Certificate.

That is the only way to verify any income they have from the business, unless they have a CPA who can supply a certification of income (but the CPA probably did the tax returns anyway).Application isn't processed until it is "complete" - all needed paperwork in hand, and SIGNATURES on permission and authorization forms.

I'm curious if you get the onsite inspection done do you get a certification or something where you only have to do it once ever??

Here is a list of 4 graduate classes that are offered at UT Arlington that if completed earn you a graduate certificate in real estate development.

John,Here in Indiana the state does not require us to have a certificate for rental management or rehabilitating a property.