This was not the case of vandals burning abandoned buildings, nor the case of landlords burning building to collect insurance.  

Prior to anyone submitting an application ensure you share your rental criteria clearly ( i.e. credit score, your preference on acceptance of rental collections, evictions, felonies, misdemeanors, pets etc. ) as well as sharing any additional charges ( i.e. monthly pet rent, pet deposit(s), security deposits, admin fees etc. ) people unqualified will usually "walk" as this stage and that is where you will save time. 3.

My brain want's to automatically assume rents were not collected, not that they were just sitting on your $$$$ because that, wow, that's a BIG problem and a VERY bad sign of things if that's the case. 

Can I still serve my tenant a Notice to quit since I have collected the last month’s rent.  

What sites/software does anyone recomentd to collect rent, anyone have like a template of an excell sheet I can use to get organized?

Collectively, they are known as "Turnkey" rental providers. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Is it a fully rehabbed property with high quality tenants paying top dollar, or is it a run down apartment with below average rents that you collect rent on and put as little cash into it as you can.

The team is based in Bolivia, Argentina, Honduras, and Pakistan.All agents are paired with a supervisor and trainer to offload a lot of the day-to-day responsibility and management from the operator's sizeThe agents help operators set up a 24/7 front desk team (Guest services/communications), manage overnight emergency shifts, create and optimize listings, revenue management, dispute negative reviews, manage Airbnb claims, in-house vendor management, bookkeeping & sending owner statements, manage collections, digital marketing, and other back-office tasks.Nonetheless, happy to chat.