I would connect with a local PM who has connections with the HUD programs so you can get the most accurate information and guidance in your market. 

As long as you express the key details of tenant information, lease dates, along with any standard information to vacate, and clear language of "non-renewal".

With that information, you can start to get good at estimating the rehab budget.  

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

Lots of information and great connections here. 

Do they use pen and paper to record this information or do they have some sort of software to manage it? 

I am trying to tabulate Business that may have higher depreciation but yet help me build wealth in form of real estate or potential customers for variety of services. 

Tenants should certainly take responsibility for maintaining the property and promptly informing the landlord of any maintenance concerns.

Thank you for the information!

I am in contact with a realtor in NC and was informed that builders there will not build without a budget of at least 1million.